The authorities launch mentioned that via this new scheme the households will be capable of save electrical energy payments in addition to earn extra earnings via sale of surplus energy to DISCOMs. (Representative Photo: AFP)
The launch states that the households will apply for subsidy via the National Portal and can be capable of choose an appropriate vendor for putting in rooftop photo voltaic
The Union Cabinet on Wednesday, chaired by Prime Minister Narendra Modi accredited the PM Surya Ghar: Muft Bijli Yojana that goals at putting in rooftop photo voltaic and offering free electrical energy as much as 300 models each month to One Crore households. The photo voltaic scheme was launched by PM Modi on February 13, 2024 and has a complete outlay of Rs 75,021 crore.
In connection to this newest improvement, Union Minister Anurag Thakur mentioned, “Today cabinet meeting was held under the leadership of PM Modi. ‘PM Surya Ghar Muft Bijli Yojana’ has been approved today, one crore families will get 300 units of free electricity under this scheme.”
As per a authorities press launch, “The scheme provides a CFA of 60% of system cost for 2 kW systems and 40% of additional system cost for systems between 2 to 3 kW capacity. The CFA will be capped at 3 kW. At current benchmark prices, this will mean Rs 30,000 subsidy for 1 kW system, Rs 60,000 for 2 kW systems and Rs 78,000 for 3 kW systems or higher.”
How Will This Scheme Benefit People?
- The launch additional states that the households will apply for subsidy via the National Portal and can be capable of choose an appropriate vendor for putting in rooftop photo voltaic. The Portal may also help the households of their decision-making course of by offering related info similar to applicable system sizes, advantages calculator, vendor ranking and many others.
- The scheme may also allow households to entry collateral-free low-interest mortgage merchandise of round 7% at current for set up of residential RTS techniques as much as 3 kW.
- A Model Solar Village will probably be developed in every district of the nation to behave as a job mannequin for adoption of rooftop photo voltaic in rural areas,
- Urban Local Bodies and Panchayati Raj Institutions shall profit from incentives for selling RTS installations of their areas.
- The scheme may also present a element for fee safety for renewable vitality service firm (RESCO) based mostly fashions in addition to a fund for revolutionary initiatives in RTS.
Earlier the prime minister mentioned on X, “In order to further sustainable development and people’s wellbeing, we are launching the PM Surya Ghar: Muft Bijli Yojana. This project, with an investment of over Rs 75,000 crore, aims to light up 1 crore households by providing up to 300 units of free electricity every month.”
The authorities launch mentioned that via this new scheme the households will be capable of save electrical energy payments in addition to earn extra earnings via sale of surplus energy to DISCOMs. A 3 kW system will be capable of generate greater than 300 models a month on a median for a family.
“The proposed scheme will result in addition of 30 GW of solar capacity through rooftop solar in the residential sector, generating 1000 BUs of electricity and resulting in reduction of 720 million tonnes of CO2 equivalent emissions over the 25-year lifetime of rooftop systems. It is estimated that the scheme will create around 17 lakh direct jobs in manufacturing, logistics, supply chain, sales, installation, O&M and other services,” the discharge added.
Aditi Ray ChowdhuryAditi Ray Chowdhury works on the breaking news desk with News18.com as a News Trainee. She accomplished her commencement in Mass Communication and Journali…Read More
Source: www.news18.com
