PM Surya Ghar Yojana Reaches 2.62 Million Installations
ECONOMY & POLICY

PM Surya Ghar Yojana Reaches 2.62 Million Installations

The Ministry of New and Renewable Energy has implemented the PM Surya Ghar Muft Bijli Yojana since February 2024 with an aim to achieve 10 mn households in the residential sector by FY 2026-27. The scheme is demand driven and available to all residential consumers with a grid connected electricity connection of the local distribution company. Eligible consumers may apply for rooftop solar systems through the scheme National Portal.

Since launch, a total of 2.62 mn rooftop solar systems have been installed across the country as on 19.03.2026. An amount of Rs 179.68 bn has been disbursed as Central Financial Assistance to beneficiaries of the scheme as on that date. Detailed state and union territory level year wise data are published in the annexure accompanying the release.

The entire process from application to disbursal is conducted online through the National Portal and, when credentials are entered correctly, the average time taken to process the Central Financial Assistance is around 15 days after a consumer makes a redemption request. The regulatory approval process has been simplified by waiving the technical feasibility requirement and by introducing automatic load enhancement of up to 10 kilowatt (kW). Net metering agreements have been made part of the application on the portal to streamline approvals.

MNRE and REC Ltd, as the National Programme Implementing Agency, work in close coordination with all distribution companies for effective implementation and expeditious approvals and payments. The scheme provides for subsidy disbursal directly into the bank account of the residential consumer to reduce delays. The information on progress and financial support was provided by the Minister of State for New and Renewable Energy in the upper house on the date of the release.

The Ministry of New and Renewable Energy has implemented the PM Surya Ghar Muft Bijli Yojana since February 2024 with an aim to achieve 10 mn households in the residential sector by FY 2026-27. The scheme is demand driven and available to all residential consumers with a grid connected electricity connection of the local distribution company. Eligible consumers may apply for rooftop solar systems through the scheme National Portal. Since launch, a total of 2.62 mn rooftop solar systems have been installed across the country as on 19.03.2026. An amount of Rs 179.68 bn has been disbursed as Central Financial Assistance to beneficiaries of the scheme as on that date. Detailed state and union territory level year wise data are published in the annexure accompanying the release. The entire process from application to disbursal is conducted online through the National Portal and, when credentials are entered correctly, the average time taken to process the Central Financial Assistance is around 15 days after a consumer makes a redemption request. The regulatory approval process has been simplified by waiving the technical feasibility requirement and by introducing automatic load enhancement of up to 10 kilowatt (kW). Net metering agreements have been made part of the application on the portal to streamline approvals. MNRE and REC Ltd, as the National Programme Implementing Agency, work in close coordination with all distribution companies for effective implementation and expeditious approvals and payments. The scheme provides for subsidy disbursal directly into the bank account of the residential consumer to reduce delays. The information on progress and financial support was provided by the Minister of State for New and Renewable Energy in the upper house on the date of the release.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->