Published on Dec 19, 2024
Current Affairs
Current Affairs Update - Gujarat, Maharashtra, UP Lead in Rooftop Solar under PM SuryaGhar
- PM Surya Ghar Muft Bijli Yojana: Launched on February 15, 2024, aiming to provide rooftop solar power to one crore households by March 2027.
- Installation Targets: Over 10 lakh installations expected by March 2025, 20 lakh by October 2025, and 40 lakh by March 2026.
- Current Progress: As of December 9, 2024, over 6.79 lakh installations completed. Gujarat leads with more than 3.02 lakh installations, followed by Maharashtra with over 1.39 lakh, and Uttar Pradesh with over 56,000 installations.
- Financial Assistance: Households can receive up to 40% subsidy on installation costs. Low-interest loans are available at about 7% for rooftop solar systems up to 3 kW capacity.
- Environmental Impact: The scheme aims to add 30 GW of solar capacity, save ₹75,000 crore annually in electricity costs, generate 1,000 billion units of electricity over 25 years, and reduce CO2 emissions by 720 million tonnes.