PRIs promote PM-Surya Ghar: Muft Bijli Yojana for incentives
POWER & RENEWABLE ENERGY

PRIs promote PM-Surya Ghar: Muft Bijli Yojana for incentives

The Centre has announced incentives for Panchayati Raj Institutions (PRIs) to promote rooftop solar installations in rural communities under the PM-Surya Ghar: Muft Bijli Yojana. The Panchayati Raj Ministry has urged states to ensure the successful implementation of this scheme.

In a letter dated 8 July, Additional Secretary of the Panchayati Raj Ministry, Chandra Shekhar Kumar, asked state departments to disseminate the operational guidelines of the scheme, which was launched in February 2024. This initiative aims to install rooftop solar panels and provide free electricity up to 300 units per month for 10 million households. Kumar emphasised the need for necessary actions to involve PRIs, state Panchayati Raj departments, and other stakeholders actively in the scheme's implementation.

The scheme, approved by the Centre, is designed to increase solar rooftop capacity and empower residential households to generate their own electricity. With an outlay of Rs 750.21 billion, it will be implemented until FY 2026-27. It offers a central financial assistance (CFA) of 60% of the system cost for 2 kW systems and 40% of additional system cost for systems between 2 kW and 3 kW, with the CFA capped at 3 kW. At current benchmark prices, this translates to a subsidy of Rs 30,000 for a 1 kW system, Rs 60,000 for a 2 kW system, and Rs 78,000 for a 3 kW system or higher.

The scheme also includes a Rs 8 billion budget to develop a 'model village' in each district for the adoption of rooftop solar in rural areas and a Rs 10 billion allocation to incentivise local bodies to promote rooftop solar installations. The guidelines provide an option for beneficiaries to forgo the subsidy, which can be availed through the PM Surya Ghar National Portal.

The Additional Secretary highlighted that the scheme would help PRIs promote clean energy adoption in rural areas and create a new revenue source for these institutions. The Centre's approval of this scheme underscores its commitment to increasing the share of solar energy in the national grid and empowering residential households to become energy self-sufficient.

(Source: PTI & ET)

The Centre has announced incentives for Panchayati Raj Institutions (PRIs) to promote rooftop solar installations in rural communities under the PM-Surya Ghar: Muft Bijli Yojana. The Panchayati Raj Ministry has urged states to ensure the successful implementation of this scheme. In a letter dated 8 July, Additional Secretary of the Panchayati Raj Ministry, Chandra Shekhar Kumar, asked state departments to disseminate the operational guidelines of the scheme, which was launched in February 2024. This initiative aims to install rooftop solar panels and provide free electricity up to 300 units per month for 10 million households. Kumar emphasised the need for necessary actions to involve PRIs, state Panchayati Raj departments, and other stakeholders actively in the scheme's implementation. The scheme, approved by the Centre, is designed to increase solar rooftop capacity and empower residential households to generate their own electricity. With an outlay of Rs 750.21 billion, it will be implemented until FY 2026-27. It offers a central financial assistance (CFA) of 60% of the system cost for 2 kW systems and 40% of additional system cost for systems between 2 kW and 3 kW, with the CFA capped at 3 kW. At current benchmark prices, this translates to a subsidy of Rs 30,000 for a 1 kW system, Rs 60,000 for a 2 kW system, and Rs 78,000 for a 3 kW system or higher. The scheme also includes a Rs 8 billion budget to develop a 'model village' in each district for the adoption of rooftop solar in rural areas and a Rs 10 billion allocation to incentivise local bodies to promote rooftop solar installations. The guidelines provide an option for beneficiaries to forgo the subsidy, which can be availed through the PM Surya Ghar National Portal. The Additional Secretary highlighted that the scheme would help PRIs promote clean energy adoption in rural areas and create a new revenue source for these institutions. The Centre's approval of this scheme underscores its commitment to increasing the share of solar energy in the national grid and empowering residential households to become energy self-sufficient.(Source: PTI & ET)

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement