Solar: Cabinet OKs `75k cr rooftop solar scheme

The Union Cabinet has cleared a `75,021-crore rooftop solar scheme under which one crore households in the country will get a subsidy for installation of such units.

The PM-Surya Ghar: Muft Bijli Yojana will offer a subsidy of up to `78,000 per household for the installation of solar plants, under which they will get 300 units of free power, the government said.

Through this scheme, households will be able to save electricity bills as well as earn additional income through sale of surplus power to DISCOMs. A 3-kW system will be able to generate more than 300 units a month on an average for a household.

The scheme will run for four years — from 2023-24 to 2026-27.

The scheme provides a central financial assistance (CFA) of 60 per cent of system cost for 2 kW systems and 40 per cent of additional system cost for systems between 2 kW and 3 kW capacity; the assistance is capped at 3 kW. At current benchmark prices, this will mean `30,000 subsidy for 1 kW plant, `60,000 for 2 kW and `78,000 for 3 kW systems or higher.

According to a statement issued by the government, households can apply for subsidy through a national portal launched for the scheme, where they can also select a suitable vendor for installing rooftop solar units. The portal will offer information about appropriate system sizes, benefits calculator and vendor rating. Households can register on pmsuryaghar.gov to avail of the benefits.

 

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