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MNRE Unveils Rooftop Solar Guidelines
POWER & RENEWABLE ENERGY

MNRE Unveils Rooftop Solar Guidelines

The Ministry of New and Renewable Energy (MNRE) has unveiled operational guidelines for implementing key components of the PM-Surya Ghar: Muft Bijli Yojana, a scheme designed to promote rooftop solar systems across the residential sector.

To streamline implementation, the guidelines introduce two financing models. Under the Renewable Energy Service Company (RESCO) model, third-party entities will finance rooftop solar installations, enabling consumers to pay only for the electricity consumed, eliminating upfront costs. The Utility-Led Aggregation (ULA) model involves DISCOMs or state-designated entities installing solar systems on behalf of households.

To mitigate investment risks, a Rs 1 billion Payment Security Mechanism (PSM) fund has been established. This fund will support RESCO-based grid-connected rooftop solar models, with potential for expansion through additional grants, subject to ministry approval.

These guidelines complement the existing capex-based model available via the national portal (pmsuryaghar.gov.in) and aim to accelerate rooftop solar adoption by addressing financial and operational barriers.

The Ministry of New and Renewable Energy (MNRE) has unveiled operational guidelines for implementing key components of the PM-Surya Ghar: Muft Bijli Yojana, a scheme designed to promote rooftop solar systems across the residential sector. To streamline implementation, the guidelines introduce two financing models. Under the Renewable Energy Service Company (RESCO) model, third-party entities will finance rooftop solar installations, enabling consumers to pay only for the electricity consumed, eliminating upfront costs. The Utility-Led Aggregation (ULA) model involves DISCOMs or state-designated entities installing solar systems on behalf of households. To mitigate investment risks, a Rs 1 billion Payment Security Mechanism (PSM) fund has been established. This fund will support RESCO-based grid-connected rooftop solar models, with potential for expansion through additional grants, subject to ministry approval. These guidelines complement the existing capex-based model available via the national portal (pmsuryaghar.gov.in) and aim to accelerate rooftop solar adoption by addressing financial and operational barriers.

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