PM Surya Ghar: Muft Bijli Yojana
- Launched by the Prime Minister on 13 February 2024; approved by the Union Cabinet on 29 February 2024 with an outlay of Rs 75,021 crore
- Central financial assistance of 60% of system cost for 2 kW and 40% of the additional cost between 2 and 3 kW, capped at 3 kW
- At benchmark prices: Rs 30,000 for 1 kW, Rs 60,000 for 2 kW and Rs 78,000 for 3 kW or more
- Collateral-free loans of around 7% for residential systems up to 3 kW; applications through the National Portal
- Target: 75 lakh households with rooftop solar by December 2026, on the way to 1 crore
Where we fit: The scheme is aimed at households. Our focus is commercial, industrial and tea-estate plants, which fall outside it.
Source: PIB



