PM Surya Ghar Yojana: Rooftop solar capacity rose over 50% in 6 months
POWER & RENEWABLE ENERGY

PM Surya Ghar Yojana: Rooftop solar capacity rose over 50% in 6 months

India’s PM Surya Ghar: Muft Bijli Yojana has recorded a remarkable increase of over 50% in rooftop solar capacity within six months of its launch, according to a recent report. The Union government approved the scheme on February 29 with a budget of Rs 750.21 billion, aiming to expand solar rooftop capacity and enable residential households to generate their own electricity.

Minister of New and Renewable Energy Pralhad Joshi announced that around 400,000 rooftop solar connections have been installed so far, adding 1.8 gigawatts (GW) of new capacity. As of March, India’s total residential solar rooftop capacity reached 3.2 GW, with overall installed capacity at 11.9 GW, 60% of which serves commercial and industrial users.

To encourage adoption, the government has raised the subsidy on rooftop solar modules to 60% and is offering loans at a 7% interest rate. The scheme is expected to drive residential solar capacity to 30 GW by 2027, contributing significantly to India’s renewable energy goals and net-zero targets.

(ET)

India’s PM Surya Ghar: Muft Bijli Yojana has recorded a remarkable increase of over 50% in rooftop solar capacity within six months of its launch, according to a recent report. The Union government approved the scheme on February 29 with a budget of Rs 750.21 billion, aiming to expand solar rooftop capacity and enable residential households to generate their own electricity. Minister of New and Renewable Energy Pralhad Joshi announced that around 400,000 rooftop solar connections have been installed so far, adding 1.8 gigawatts (GW) of new capacity. As of March, India’s total residential solar rooftop capacity reached 3.2 GW, with overall installed capacity at 11.9 GW, 60% of which serves commercial and industrial users. To encourage adoption, the government has raised the subsidy on rooftop solar modules to 60% and is offering loans at a 7% interest rate. The scheme is expected to drive residential solar capacity to 30 GW by 2027, contributing significantly to India’s renewable energy goals and net-zero targets. (ET)

Next Story
Infrastructure Energy

CERC Proposes Stricter Grid Deviation Rules for Renewable Projects

The Central Electricity Regulatory Commission (CERC) has proposed amendments to the deviation settlement mechanism (DSM) for wind, solar, and hybrid projects, effective April 2026, in a move aimed at strengthening grid stability.The regulator has suggested shifting the DSM calculation from available capacity to scheduled generation. From 2026, deviations will be computed using the formula:Dws% = 100 x [(Actual Injection – Scheduled Generation) / (X% of Available Capacity + (100-X)% of Scheduled Generation)]CERC has proposed a phased reduction of the ‘x’ value from 100% in 2026 to 0% by 2..

Next Story
Infrastructure Energy

Serentica Signs 100 MW Green Power Deal with SECI

Serentica Renewables has signed a power purchase agreement (PPA) with state-run Solar Energy Corporation of India (SECI) for a 100 MW round-the-clock clean energy project.This marks India’s first “load-following” PPA, developed in coordination with SECI and state DISCOMs to align with seasonal demand patterns. Under the agreement, Serentica will meet 80 per cent of specified hourly demand each month, ranging from 17 MW during low-demand periods to 100 MW during peak hours.To meet these obligations, the company will deploy a diversified mix of wind, solar, and battery energy storage syste..

Next Story
Real Estate

Vascon Engineers Targets Rs 25 Bn Real Estate Projects by FY27

Vascon Engineers has unveiled its growth strategy with plans to achieve a Rs 40 billion EPC order book and launch real estate projects worth Rs 25 billion by FY2027. The company is strengthening its presence across key markets, driven by a balanced portfolio of government EPC contracts, private projects, and real estate developments.Vascon currently operates in 13 cities with a 75:25 government-private EPC order ratio. Its current order book stands at nearly Rs 30 billion, including major projects such as Rs 6.06 billion medical college in Bihar, the Rs 4.16 billion Capgemini IT Park in Chenna..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?