Centre likely to foot bill for PM rooftop solar scheme
Centre likely to foot bill for PM rooftop solar scheme
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La Excellence IAS Academy | February 3, 2024 | Environment, Ecology and Disaster Management
Syllabus: GS-III
Subject: Environment, Ecology and Disaster Management (B)
Topic: Renewable Energy
Issue: Pradhan Mantri Suryoday Yojana
Synopsis:
- Centre will effectively bear the entire cost of setting up rooftop solar systems for households that consume less than 300 units of electricity per month.
- Public sector units such as NTPC will identify households and install RTS(rooftop solar) systems free of cost.
- Households with a consumption over 300 units also can use the scheme. However, they would be required to fund 40% of the cost.
| Pradhan Mantri Suryoday Yojana Scheme.
● Objective :To deliver electricity to households through solar rooftop installations, with an additional benefit of earning income for surplus electricity generation. ● India’s overall solar capacity ~73.31 GW, with rooftop solar capacity ~11.08 GW. |
Source: The Hindu
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