PM Surya Ghar Yojana: Modi government's superhit scheme, solar panels installed in 8.6 lakh houses in the first year..
It has been a year since the launch of PM Surya Ghar Muft Bijli Yojana, and during this time the scheme has achieved 8.6% of its target. The aim of this scheme is to install solar panels on 1 crore houses in three years, and in the first year itself, rooftop solar systems have been installed in 8,61,240 houses.
A total subsidy of Rs 4,966 crore released so far.
A total of 43,99,431 applications were received under this scheme. While the total registration increased to Rs 1.7 crore. According to sources, till January 29, 8,61,240 (19% of total applications) families have had rooftop solar system installation done. Out of the stipulated budget of Rs 78,000 crore, a total subsidy of Rs 4,966 crore has been released so far. Plan to reach 1 crore homes by March 2027
The government estimates that solar panels will be installed in 10 lakh homes by March 2025. The scheme will reach 20 lakh installations by October 2025, 40 lakh installations by March 2026, and 1 crore homes by March 2027.
Solar installation will accelerate in the next two years.
Experts believe that solar installation will grow rapidly in FY26 and FY27. In the first year, the pace was a bit slow due to the Lok Sabha elections (General Elections) and State Elections (State Elections). At the same time, government processes will become easier in the next two years, which will accelerate the installation.
According to Rupesh Sankhe, VP, Elara Securities, the scheme will grow rapidly after the initial obstacles. The CEO of Urjan Cleantech said that easy processes, timely implementation and proper maintenance are necessary for the success of the scheme.
Why is PM Surya Ghar Yojana special?
PM Surya Ghar Yojana is an ambitious scheme of the Government of India which aims to connect every home with solar energy. Under this scheme, the government is giving subsidy for installing solar panels in homes. This will not only reduce the electricity bill but will also benefit the environment. Through this scheme, the government is giving a subsidy of Rs 78,000 crore. This scheme will not only provide free electricity to the people but will also promote the use of clean energy.
A step towards making India self-reliant
Even though 8.6% target has been achieved in the first year, PM Surya Ghar Yojana is expected to move forward rapidly in the next two years. This scheme of the government will not only provide free electricity to every household, but will also help in moving India towards clean energy.
Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
Disclaimer: This content has been sourced and edited from NDTV India. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
