What is 'Pradhan Mantri Suryodaya Yojana'?

The Prime Minister, Shri Narendra Modi had announced 'Pradhan Mantri Suryodaya Yojana' on January 22, 2024. Under this scheme, 1 crore households will get rooftop solar and that will not only reduce the electricity bill of the poor and middle class, but will also make India self-reliant in the field of energy.

What is Pradhan Mantri solar panel Yojana?

The pradhan mantri solar panel yojana would not only reduce the electricity bill of the poor and middle class but would also make the country self-reliant in the energy sector.

Who will install rooftop solar panels under Pradhan Mantri suryoday Yojana?

Prime Minister Narendra Modi on Monday had announced to launch the scheme to provide rooftop solar installations to 10 million households in the country. REC will conduct installation of rooftop solar panels under the Pradhan Mantri Suryoday Yojana. (MINT_PRINT) Unlock Newsletters, Market Watchlist & much more!

Who is eligible for Pradhan Mantri solar Yojana?

As mentioned before, the citizens (with yearly income up to Rs. 1 to 1.5 lakhs) who are under the poverty line (BPL) or belong to the middle-class are eligible for the Pradhan Mantri Solar Yojana.

How does pm Surya Ghar muft Bijlee Yojana work?

The scheme provides for a subsidy of 60% of the solar unit cost for systems up to 2kW capacity and 40 percent of additional system cost for systems between 2 to 3kW capacity. The subsidy has been capped at 3kW capacity.

What is pm Surya Ghar Yojana?

Through PM Surya Ghar Yojana, the government plans to promote the use solar energy. Installing the rooftop solar panels on one crore houses will help in reducing country’s dependency on fossil fuel-based electricity. It will also make the maximum use of the sunshine which is available for 6-8 months of the year in most parts of the country.