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PM Surya Ghar Muft Bijli Yojana: Rooftop solar scheme gets new name, and ₹75,000 crore allocation

Prime Minister Narendra Modi on Tuesday announced the PM Surya Ghar Muft Bijli Yojana rooftop solar scheme with an investment of over ₹75,000 crore.

“In order to further sustainable development and people’s wellbeing, we are launching the PM Surya Ghar: Muft Bijli Yojana,” PM Modi said on microblogging platform X.

The scheme, first announced on January 22 by the Prime Minister as Pradhan Mantri Suryodaya Yojana, aims to light up 10 million households and enable them to have free electricity of up to 300 units every month. It envisages substantive subsidies directly in the bank accounts of the consumers and heavily concessional bank loans. “The central government will ensure that there is no cost burden on the people. All stakeholders will be integrated to a National Online Portal which will further convenience [it],” he said.

The interim budget had also roposed the rooftop solar segment, outlining that 10 million households will be enabled to get up to 300 units free electricity every month under the scheme then proposed as Pradhan Mantri Suryodaya Yojana with an outlay of ₹10,000 crore. To popularise the scheme, urban local bodies and panchayats will be incentivised to promote rooftop solar installations in their jurisdictions, the PM said today.

The scheme will lead to more income, lesser power bills and employment generation, Modi said. After the PM’s announcement of the scheme in January, power minister RK Singh had said the Centre was looking to increase the subsidy for rooftop solar projects for households to 60% of the capital cost from 40% currently, aiming at lower and lower middle class. Singh had also mentioned that all power public sector undertakings (PSUs), will implement the programme by forming special purpose vehicles.

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