M Surya Ghar: Ministry issues vendor registration rules

13 May 2024 CW Team

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.

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..