Prime Minister Narendra Modi on January 22 announced the ‘Pradhan Mantri Suryodaya Yojana’.
It is a scheme that will involve installing solar power systems at rooftops for residential consumers.
PM Modi said it would help reduce electricity bills of the poor & middle class, and push India’s goal of becoming self-reliant in energy sector.
A consumer can avail of benefits of the scheme through DISCOM tendered projects or through the National Portal, www.solarrooftop.gov.in.
The solar power capacity in India has reached around 73.31 GW as of December 2023.
India is expected to witness the largest energy demand in the world over the next 30 years, and this can't be fulfilled only with coal plants.
In 2014, govt launched Rooftop Solar Programme that aimed to achieve a capacity of 40,000 MW by 2022, but this target couldn’t be achieved.
The scheme aims to expand India’s rooftop solar installed capacity in the residential sector by providing central financial assistance.
The programme’s goal is to increase rooftop solar capacity to 40 GW by March 2026.