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Recently, Union Cabinet has approved – PM Surya Ghar Muft Bijli Yojana for installing Rooftop Solar in one crore households nationwide. About PM Surya Ghar Muft Bijli Yojana
- Key Highlights of Scheme
- Ministry: Ministry of New & Renewable Energy.
- Aim: To provide free electricity up to 300 units every month for one crore households.
- Subsidy structure: Central Financial Assistance for Residential Rooftop Solar (RTS) up to: Suitable Rooftop Solar Plant Capacity Subsidy Support 1 – 2 kW Rs 30,000 to Rs 60,000/- 2 – 3 kW Rs 60,000 to Rs 78,000/- Above 3 kW Rs 78,000/- o Loan for installation of residential RTS: Households can access collateral-free low-interest loan products of around 7% for installation of RTS systems up to 3 kW.
- Other features of the scheme:
- Model Solar Village: It will be developed in each district of country to act as a role model for adoption of rooftop solar in rural areas.
- Incentives to Local Bodies: Incentives for Urban Local Bodies and Panchayati Raj Institutions for promoting RTS installations in their areas.
- National Portal: It will facilitate household to apply for subsidies and select a suitable vendor for installing rooftop solar.
- Component for payment security for Renewable Energy Service Company (RESCO) based models as well as a fund for innovative projects in RTS.
About Solar Rooftop System:
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