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October 12, 2024 9:46 AM

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Union Ministry of New and Renewable Energy Releases Guidelines for PM-Surya Ghar: Muft Bijli Yojana

Union Ministry of New and Renewable Energy has notified Scheme Guidelines for implementation of innovative projects under PM-Surya Ghar: Muft Bijli Yojana. Under the scheme component Innovative Projects, five hundred crore rupees has been earmarked to encourage advancements in rooftop solar technologies, business models, and integration techniques. The component seeks to identify and support startups, institutions, and industries in piloting new concepts, with a focus on emerging solutions like  rooftop solar integrated with electric vehicles and battery storage.

       

The Ministry said, National Institute of Solar Energy will serve as the Scheme Implementation Agency for the Innovative Projects Component. The selected projects will receive financial assistance of up to 60 per cent of the project cost or 30 crore rupees, whichever is lower. The Central Government had approved the PM-Surya Ghar: Muft Bijli Yojana in February this year, with the aim to increase the share of solar rooftop capacity and empower residential households to generate their own electricity.