Under its flagship programme for rooftop solar PM Suryaghar Muft Bijlee Yojana, the government has facilitated 10.09 lakh rooftop solar connections as of March 10, Pralhad Joshi, Minister of New and Renewable Energy said on Tuesday.
The scheme launched in February 2024 by Prime Minister Narendra Modi aims at installing rooftop solar at 10 million households by 2027 with a total outlay of Rs.75,021 crore. For FY24-25, an allocation of Rs 13,175.33 crore has been made for the scheme.
As of March 10, the scheme has facilitated the installation of over 3 GW of rooftop solar capacity, with an additional 27 GW targeted by March 2027, the government said.
ALSO READIndia adds 25.2 GW solar capacity in 2024
The scheme has received 47.3 lakh applications and 6.13 lakh beneficiaries have successfully received subsidies, amounting to Rs 4,770 crore. So far, 3.10 lakh loan applications have been received, with 1.58 lakh loans sanctioned and 1.28 lakh disbursed, as per the government data. Beneficiaries receive a subsidy of up to Rs 78,000 for up to 3KW rooftop solar system under the scheme.
Chandigarh and Daman & Diu have achieved 100% of their government building rooftop solar targets, while states like Rajasthan, Maharashtra, Gujarat, and Tamil Nadu are also performing exceptionally well, contributing significantly to the overall installation figures, said the government.
India’s renewable energy capacity reached 212.17 GW as of January, according to data from the Central Electricity Authority. Solar power accounts for 100.34 GW.
The country added 25.2 gigawatt (GW) of solar power capacity in the calendar year 2024, significantly higher than 8.3 GW installed in 2023, as per Mercom’s recent report on solar market. The market witnessed record installations last year surpassing annual capacity additions of all previous years.
Rooftop solar installations grew by 86% to 3.2 GW in 2024 against just 1.7 GW in 2023 driven by record residential rooftop solar installations supported by the government’s newly launched PM Suryaghar Muft Bijlee Yojana scheme, Mercom said. Residential consumers accounted for 74% of installations last year, the largest of all.
Gujarat, Maharashtra, and Kerala recorded the highest number of rooftop solar additions in 2024 accounting for 36%, 20%, and 9% of the total capacity additions, as per Mercom’s data.
» Read More
