Government Sets Ambitious Goal to Deliver Solar Power to 10 Million Households by 2027
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New Delhi, Dec 5 (NationPress) The PM Surya Ghar Muft Bijli Yojana is designed to provide solar energy to one crore households by March 2027, as confirmed by the government on Thursday.
This initiative was introduced by Prime Minister Narendra Modi with the objective of achieving 1 crore rooftop solar installations in the residential sector by the end of the fiscal year 2027, supported by a budget of Rs 75,021 crore.
By March 2025, the installations under this initiative are projected to surpass 10 lakh, with expectations to double to 20 lakh by October 2025, escalate to 40 lakh by March 2026, and ultimately reach the target of one crore by March 2027.
Launched by PM Modi on February 15, 2024, this pioneering program aims to deliver free electricity to households by facilitating the installation of rooftop solar panels, as stated by the Ministry of New and Renewable Energy.
The scheme provides a subsidy of up to 40 percent to households, making renewable energy more accessible and affordable.
In a span of just nine months, 6.3 lakh installations have been completed, which translates to an impressive monthly installation rate of 70,000, ten times greater than the average prior to the scheme, according to the ministry.
With a target to benefit one crore households, the program is anticipated to save the government Rs 75,000 crore annually in electricity expenses.
This transformative initiative empowers millions to embrace clean energy, strengthening India's commitment to sustainable development and energy innovation, as highlighted by the Ministry.
Previously, the government reported that approximately 1.45 crore registrations have been made and 6.34 lakh installations completed under the PM Surya Ghar Muft Bijli Yojana.
The National Portal has recorded a total of 1.45 crore registrations, 26.38 lakh applications, and 6.34 lakh rooftop solar installations, shared Union Minister of State (MoS) for New and Renewable Energy and Power, Shripad Naik, in a written response to the Rajya Sabha.
The subsidy has been granted to 3.66 lakh applicants, and it is consistently disbursed within 15 to 21 days, according to the Minister.
