PM Surya Ghar Mission Directorate to boost rooftop solar adoption
POWER & RENEWABLE ENERGY

PM Surya Ghar Mission Directorate to boost rooftop solar adoption

The Government of India, under the Ministry of New and Renewable Energy, has officially established a Mission Directorate to oversee the implementation of the ?PM Surya Ghar: Muft Bijli Yojana?, an ambitious initiative aimed at installing rooftop solar plants in 10 million households. This significant development was confirmed through a recent office memorandum issued on May 29, 2024. The PM Surya Ghar: Muft Bijli Yojana, which received administrative approval on February 29, 2024, involves a substantial financial outlay of Rs. 750.21 billion. This initiative forms part of the government's broader strategy to enhance the adoption of renewable energy across the nation and is scheduled to commence operations in March 2024.

The newly established Mission Directorate, operating within the Ministry?s Rooftop Solar Division, will be led by a Mission Director who will be responsible for the day-to-day management and strategic implementation of the scheme. This includes issuing detailed guidelines, coordinating with state and national program implementation agencies, and overseeing financial management and resource distribution necessary for the scheme's success. Furthermore, the Directorate is tasked with ensuring effective coordination among various stakeholders, including state governments and private agencies, to facilitate smooth and efficient implementation. Regular monitoring and evaluation of the scheme's progress are also mandated to align with the set objectives.

The establishment of the Mission Directorate marks a crucial step in realising India?s renewable energy goals and underscores the government's commitment to increasing the nation's energy security and reducing dependency on non-renewable sources through sustainable practices. (Source: ET Energy)

The Government of India, under the Ministry of New and Renewable Energy, has officially established a Mission Directorate to oversee the implementation of the ?PM Surya Ghar: Muft Bijli Yojana?, an ambitious initiative aimed at installing rooftop solar plants in 10 million households. This significant development was confirmed through a recent office memorandum issued on May 29, 2024. The PM Surya Ghar: Muft Bijli Yojana, which received administrative approval on February 29, 2024, involves a substantial financial outlay of Rs. 750.21 billion. This initiative forms part of the government's broader strategy to enhance the adoption of renewable energy across the nation and is scheduled to commence operations in March 2024. The newly established Mission Directorate, operating within the Ministry?s Rooftop Solar Division, will be led by a Mission Director who will be responsible for the day-to-day management and strategic implementation of the scheme. This includes issuing detailed guidelines, coordinating with state and national program implementation agencies, and overseeing financial management and resource distribution necessary for the scheme's success. Furthermore, the Directorate is tasked with ensuring effective coordination among various stakeholders, including state governments and private agencies, to facilitate smooth and efficient implementation. Regular monitoring and evaluation of the scheme's progress are also mandated to align with the set objectives. The establishment of the Mission Directorate marks a crucial step in realising India?s renewable energy goals and underscores the government's commitment to increasing the nation's energy security and reducing dependency on non-renewable sources through sustainable practices. (Source: ET Energy)

Next Story
Building Material

Trishakti Industries Secures Major Tata Steel Order

Trishakti Industries Limited has secured a significant order from Tata Steel Ltd for the deployment of advanced machinery and skilled manpower at one of the steel major’s flagship project sites.The contract, awarded domestically, involves the hiring of machines along with manpower, with execution set to be completed by 20th September 2025. The initial contract period is 12 months. The total fresh capital expenditure for the project is approximately Rs 1.5 million, while the overall contract value is expected to exceed Rs 5 million inclusive of taxes.This order marks a reinforcement of top-ti..

Next Story
Real Estate

Kalpataru Projects Secures Rs 27.2 Billion in New Orders

Kalpataru Projects International Limited (KPIL), a leading EPC player in the power transmission and distribution (T&D) and civil infrastructure sector, along with its international subsidiaries, has received new orders and notifications for projects worth approximately Rs 27.2 billion.The projects include:Power Transmission & Distribution (T&D) initiatives in India and overseas.Buildings and Factories (B&F) projects in India.Manish Mohnot, MD & CEO of KPIL, said, “We are delighted with the strong ordering momentum in our T&D and B&F businesses. The orders include ..

Next Story
Infrastructure Energy

ACME Solar Secures Rs 38.92 Billion Financing for Barmer Project

ACME Solar Holdings rose 2.05 per cent to Rs 308.50 after its wholly owned subsidiary, ACME Venus Urja, secured long-term project financing of Rs 38.92 billion from the State Bank of India (SBI).The funds will be utilised for the development and construction of a 400 MW Firm and Dispatchable Renewable Energy (FDRE) project in Barmer, Rajasthan. The loan repayment is structured over 19 years.The Barmer-based FDRE project is contracted with NHPC at a tariff of Rs 4.64 per unit. It will integrate solar power generation with a Battery Energy Storage System (BESS) to ensure higher reliability and d..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?