Will PM Surya Ghar Muft Bijli Yojana Illuminate 30,000 Homes in Coimbatore by 2027?

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Will PM Surya Ghar Muft Bijli Yojana Illuminate 30,000 Homes in Coimbatore by 2027?

Synopsis

The Prime Minister's Surya Ghar Muft Bijli Yojana aims to install rooftop solar panels on 30,000 homes in Coimbatore by 2027, promoting clean energy and reducing electricity costs. With financial incentives, the initiative is set to transform energy consumption in the region.

Key Takeaways

  • 30,000 homes in Coimbatore to receive rooftop solar panels by 2027.
  • 60% subsidy on solar units up to 2kW.
  • Competition among five village panchayats for Rs one crore prize.
  • Excess solar power can reduce electricity bills.
  • Accessible loans at 6% interest facilitate installations.

Chennai, Oct 1 (NationPress) The Coimbatore region of Tamil Nadu Power Distribution Corporation Limited (TNPDCL) is preparing to equip 30,000 homes with rooftop solar panels by March 2027 under the Prime Minister Surya Ghar Muft Bijli Yojana. This initiative marks a significant move towards enhancing the use of clean energy and assisting households in lowering their electricity bills.

Across the state, TNPDCL aims to install rooftop solar systems in 1.8 lakh households by the same deadline. Since the program's inception in February 2024, approximately 36,000 homes in Tamil Nadu have already embraced solar energy, with 6,000 of these located in the Coimbatore area, the highest in the state.

Within the Coimbatore Metro division, which encompasses the city’s central urban locations, 2,500 households have adopted rooftop solar technology.

The initiative is designed to empower residential users to produce their own energy and decrease dependency on the power grid. It offers a 60 percent subsidy on the cost of solar units up to 2kW capacity and 40 percent on additional costs for systems ranging from 2kW to 3kW.

The subsidy is limited to 3kW, resulting in financial assistance of Rs 30,000 for a 1kW system, Rs 60,000 for 2kW, and Rs 78,000 for systems of 3kW or greater. Rooftop solar systems are priced at approximately Rs 70,000 for 1kW, Rs 1.4 lakh for 2kW, and Rs 3 lakh for 3kW.

Numerous banks are providing loans with interest rates around 6 percent, facilitating easier access for households.

Any excess solar power generated can be credited to the consumers’ electricity accounts and adjusted against their bills until the end of the fiscal year.

To encourage participation, TNPDCL has set up 18 special camps in Coimbatore where residents can interact with banks and solar vendors for price estimates and financing options.

Moreover, five village panchayats—Arasur, Solavampalayam, Puravipalayam, Theethipalayam, and Kondayampalayam—are competing in a “Model Solar Village” contest. The panchayat with the highest number of solar connections within six months will receive a cash prize of Rs one crore. Officials have stated that the combined effects of subsidies, accessible financing, and outreach efforts are anticipated to make rooftop solar more attainable, while also contributing to Tamil Nadu’s broader renewable energy objectives and alleviating pressure on the power grid.

Point of View

I believe that the Prime Minister Surya Ghar Muft Bijli Yojana represents a pivotal step towards sustainable energy for Tamil Nadu. By enabling households to generate their own power through accessible solar technology, this initiative not only reduces dependence on the grid but also fosters a culture of renewable energy. The forward-thinking approach of providing subsidies and facilitating loans positions Tamil Nadu as a leader in the renewable energy sector.
NationPress
01/10/2025

Frequently Asked Questions

What is the Surya Ghar Muft Bijli Yojana?
The Surya Ghar Muft Bijli Yojana is a government initiative aimed at promoting rooftop solar panel installations in homes, offering substantial subsidies to reduce electricity costs.
How many homes will benefit from this scheme in Coimbatore?
The scheme plans to install rooftop solar panels on 30,000 homes in Coimbatore by March 2027.
What financial support is available for households?
Households can receive subsidies up to 60% on solar units, and banks are offering loans at around 6% interest to facilitate the installation process.
What is the competition for Model Solar Villages?
Five village panchayats are competing, with the winner receiving a cash prize of Rs one crore for the highest number of solar connections within six months.
How can excess solar power benefit consumers?
Surplus solar power generated can be credited to consumers' electricity accounts, reducing their bills until the end of the financial year.
Nation Press