Parliament Panel Doubts MNRE Can Meet PM Surya Ghar Target
POWER & RENEWABLE ENERGY

Parliament Panel Doubts MNRE Can Meet PM Surya Ghar Target

The Ministry of New and Renewable Energy (MNRE) faces significant challenges in meeting the FY 2025-26 target of installing 3.5 million rooftop solar systems under the PM Surya Ghar: Muft Bijli Yojana, as highlighted by the Parliament’s Standing Committee on Energy.

Current installation numbers remain low, with only 905,000 households benefiting from the program so far, and 600,000 receiving subsidies. The target for FY 2025-26 is four times the number of installations achieved to date, raising concerns about the feasibility of achieving the goal at the current pace.

As of February 25, 2025, approximately 17.2 million registrations and 4.56 million applications have been submitted through the national portal for rooftop solar. To boost adoption, the committee has recommended that the ministry enhance awareness campaigns in local languages and strictly enforce the operation and maintenance requirements.

Delays have also been observed in the Green Energy Corridor projects. The first phase encountered right-of-way issues, while the third phase is expected to be rolled out by FY 2026.

Budget utilization by the MNRE has been consistently below the allocated amount since 2020. In FY 2023 and 2024, only 82 per cent and 83 per cent of the total budget was utilised, respectively. As of February 2, 2025, 68 per cent of the allocated budget for the current fiscal year had been spent. Since FY 2021, MNRE has surrendered Rs 76.56 billion due to non-utilisation of funds.

To support farmers, the ministry has exempted states from contributing to the subsidy under PM KUSUM and integrated the Agriculture Infrastructure Fund into Component A of the program, allowing loans at a 6 per cent interest rate.

The recent Union Budget has revised allocations for key energy initiatives. The total budget for the solar sector increased from Rs 150.61 billion to Rs 242.24 billion, while funding for the National Green Hydrogen Mission was doubled from Rs 3 billion to Rs 6 billion.

News source: Mercom India

The Ministry of New and Renewable Energy (MNRE) faces significant challenges in meeting the FY 2025-26 target of installing 3.5 million rooftop solar systems under the PM Surya Ghar: Muft Bijli Yojana, as highlighted by the Parliament’s Standing Committee on Energy. Current installation numbers remain low, with only 905,000 households benefiting from the program so far, and 600,000 receiving subsidies. The target for FY 2025-26 is four times the number of installations achieved to date, raising concerns about the feasibility of achieving the goal at the current pace. As of February 25, 2025, approximately 17.2 million registrations and 4.56 million applications have been submitted through the national portal for rooftop solar. To boost adoption, the committee has recommended that the ministry enhance awareness campaigns in local languages and strictly enforce the operation and maintenance requirements. Delays have also been observed in the Green Energy Corridor projects. The first phase encountered right-of-way issues, while the third phase is expected to be rolled out by FY 2026. Budget utilization by the MNRE has been consistently below the allocated amount since 2020. In FY 2023 and 2024, only 82 per cent and 83 per cent of the total budget was utilised, respectively. As of February 2, 2025, 68 per cent of the allocated budget for the current fiscal year had been spent. Since FY 2021, MNRE has surrendered Rs 76.56 billion due to non-utilisation of funds. To support farmers, the ministry has exempted states from contributing to the subsidy under PM KUSUM and integrated the Agriculture Infrastructure Fund into Component A of the program, allowing loans at a 6 per cent interest rate. The recent Union Budget has revised allocations for key energy initiatives. The total budget for the solar sector increased from Rs 150.61 billion to Rs 242.24 billion, while funding for the National Green Hydrogen Mission was doubled from Rs 3 billion to Rs 6 billion. News source: Mercom India

Next Story
Real Estate

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Next Story
Building Material

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Next Story
Infrastructure Urban

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement