M Surya Ghar: Ministry issues vendor registration rules
POWER & RENEWABLE ENERGY

M Surya Ghar: Ministry issues vendor registration rules

Under the $9.04 billion invested PM Surya Ghar: Muft Bijli Yojana rooftop solar programme, the Ministry of New and Renewable Energy (MNRE) has announced new guidelines for vendor registration. The scheme aims to increase residential rooftop solar capacity and empower households to generate their own electricity until the financial year 2026?27. The rules state that vendors must register on the National Portal to be eligible to install rooftop solar projects under the program. Previously registered under the Grid-Connected Rooftop System (GCRT) Phase II, vendors will automatically be considered registered for the new PM Surya Ghar programme.

The Ministry has appointed REC Limited as the national registering authority and stated that for registration purposes, the vendors will submit a performance bank guarantee (PBG) of $30,000, which will be valid for at least five years. The aim of the registration is to record the installed rooftop solar systems in India, and the same can be displayed in the consumer search list.

State-level regulations stipulate that vendors registered under the GCRT Phase II programme shall remain registered. Vendors must apply to the relevant distribution firm or the appropriate state agency, along with a $3,000 bank guarantee. The ability to collect a single PBG of $3,000 from vendors for the whole state has been granted to state officials. Vendor registrations will be valid for the next five years, after which they may be extended for a further five years at no cost.

Commenced in January, the programme's goal is to reduce households' power costs while promoting India's energy independence. Regarding the draft rules for executing the PM-Surya Ghar: Muft Bijli Yojana in the residential rooftop solar segment, the MNRE has requested views and ideas from different stakeholders.

Under the $9.04 billion invested PM Surya Ghar: Muft Bijli Yojana rooftop solar programme, the Ministry of New and Renewable Energy (MNRE) has announced new guidelines for vendor registration. The scheme aims to increase residential rooftop solar capacity and empower households to generate their own electricity until the financial year 2026?27. The rules state that vendors must register on the National Portal to be eligible to install rooftop solar projects under the program. Previously registered under the Grid-Connected Rooftop System (GCRT) Phase II, vendors will automatically be considered registered for the new PM Surya Ghar programme. The Ministry has appointed REC Limited as the national registering authority and stated that for registration purposes, the vendors will submit a performance bank guarantee (PBG) of $30,000, which will be valid for at least five years. The aim of the registration is to record the installed rooftop solar systems in India, and the same can be displayed in the consumer search list. State-level regulations stipulate that vendors registered under the GCRT Phase II programme shall remain registered. Vendors must apply to the relevant distribution firm or the appropriate state agency, along with a $3,000 bank guarantee. The ability to collect a single PBG of $3,000 from vendors for the whole state has been granted to state officials. Vendor registrations will be valid for the next five years, after which they may be extended for a further five years at no cost. Commenced in January, the programme's goal is to reduce households' power costs while promoting India's energy independence. Regarding the draft rules for executing the PM-Surya Ghar: Muft Bijli Yojana in the residential rooftop solar segment, the MNRE has requested views and ideas from different stakeholders.

Next Story
Infrastructure Urban

IHC and Adani to Invest US$11.5 bn in Odisha Aluminium Project

Abu Dhabi's International Holding Company (IHC) will invest US$11.5 bn in an integrated aluminium project in the eastern Indian state of Odisha in a joint venture with the Adani Group, a state official said. The official said the announcement represented the country's largest foreign investment in mining and metallurgy. Officials said the venture would span both mining and metallurgical activities across several facilities in the state. The project has been described as integrated, encompassing upstream bauxite extraction and downstream smelting and metallurgy, and is intended to develop a com..

Next Story
Infrastructure Transport

Air India and SIAEC to Explore MRO Joint Venture in India

Air India and SIA Engineering Company (SIAEC) have signed a memorandum of understanding (MoU) to explore the formation of a maintenance, repair and overhaul joint venture in India. The MoU, signed on Friday, will examine collaboration to develop India as a global aviation MRO hub and to serve growing needs across the Indian and regional markets. SIA Engineering Company, part of the Singapore Airlines Group which holds a 25.1 per cent stake in Air India, will bring technical expertise alongside Air India's established airline operations network. The partnership builds on existing cooperation be..

Next Story
Infrastructure Transport

Assam and Centre Review Aviation Projects Push Silchar Airport Approval

Assam and the Centre on Thursday, July two reviewed a series of aviation infrastructure projects aimed at strengthening air connectivity across the state, with the proposed greenfield airport at Silchar emerging as a key priority. The review formed part of broader efforts to position Assam as a major aviation and logistics hub for the north east. Officials outlined timelines and preparatory work that they said would guide the next stages of project approvals. The Chief Minister met the Union Civil Aviation Minister at Rajiv Gandhi Bhavan in New Delhi and described the meeting as very productiv..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement