New Delhi: The Union Cupboard, chaired by Prime Minister Narendra Modi, has accepted PM-Surya Ghar: Muft Bijli Yojana with a complete outlay of Rs 75,021 crore for putting in rooftop solar energy models and offering free electrical energy as much as 300 models each month for one crore households, in accordance with an official assertion issued on Thursday.
The scheme supplies Central monetary help of 60 per cent of system value for two kW techniques and 40 per cent of further system value for techniques between 2 to three kW capability. The monetary help might be capped at 3 kW. At present benchmark costs, this can imply Rs 30,000 subsidy for 1 kW system, Rs 60,000 for two kW techniques, and Rs 78,000 for 3 kW techniques or greater.
The households will apply for subsidy by means of the Nationwide Portal and can be capable of choose an acceptable vendor for putting in rooftop photo voltaic. The Nationwide Portal will help the households of their decision-making course of by offering related info similar to applicable system sizes, advantages calculator, vendor ranking and so on.
Households will be capable of entry collateral-free low-interest mortgage merchandise of round 7 per cent at current for set up of residential RTS techniques as much as 3 kW.
Different highlights of the scheme embrace a Mannequin Photo voltaic Village being developed in every district of the nation to behave as a job mannequin for adoption of rooftop photo voltaic in rural areas, and City Native Our bodies and Panchayati Raj Establishments additionally benefiting from incentives for selling RTS installations of their areas.
The scheme supplies a element for fee safety for renewable power service firm (RESCO) primarily based fashions in addition to a fund for revolutionary initiatives in RTS.
The scheme, introduced by the Prime Minister on February 13, will allow households to avoid wasting electrical energy payments in addition to earn further earnings by means of sale of surplus energy to discoms. A 3 kW system will be capable of generate greater than 300 models a month on a mean for a family.
The proposed scheme will consequence as well as of 30 GW of photo voltaic capability by means of rooftop photo voltaic within the residential sector, producing 1000 BUs of electrical energy and leading to discount of 720 million tonnes of CO2 equal emissions over the 25-year lifetime of rooftop techniques.
It’s estimated that the scheme will create round 17 lakh direct jobs in manufacturing, logistics, provide chain, gross sales, set up, O&M and different companies, the official assertion added.
