PM Surya Ghar Muft Bijli Yojana
14-02-2024
08:50 PM
1 min read
Overview:
The government has issued operational guidelines for the implementation of incentives to DISCOMs under the PM-Surya Ghar-Muft Bijli Yojana.
About PM Surya Ghar Muft Bijli Yojana:
- It is a government scheme launched on February 15, 2024, that aims to provide free electricity to households in India.
- Under the scheme, households will be provided with a subsidy to install solar panelson their roofs.
- The subsidy will cover up to 40% of the cost of the solar panels.
- The scheme is expected to benefit 1 crore households across India.
- It is estimated that the scheme will save the government Rs. 75,000 crore per year in electricity costs.
- The scheme has an outlay of Rs 75,021 crore and is to be implemented till FY 2026-27.
- Eligibility:
- The household must be an Indian citizen.
- The household must own a house with a roof that is suitable for installing solar panels.
- The household must have a valid electricity connection.
- The household must not have availed any other subsidy for solar panels.
- Under the scheme, DISCOMs are designated as State Implementation Agencies (SIAs) responsible for facilitating various measures, including net meter availability, timely inspection, and commissioning of installations.
- DISCOMs will receive incentives based on their achievement in the installation of additional grid-connected rooftop solar capacity beyond a baseline level.
- The total financial outlay for the ‘Incentives to DISCOMs’ component is Rs 4,950 crore.
Q1: What are solar panels?
Solar panel is a component of a photovoltaic system that is made out of a series of photovoltaic cells arranged to generate electricity using sunlight.