FCC

PM Surya Ghar Scheme Set to Surpass 10 Years of Solar Growth

2024-12-23

The PM Surya Ghar Muft Bijli Yojana has achieved a remarkable milestone, surpassing 6.85 lakh solar installations within a year and poised to exceed a decade's worth of solar growth. The scheme, launched in February 2024, has already achieved 86 percent of the solar installations made in the last ten years.

The 3-5 kW segment accounted for the majority of installations, at 77 percent, while 14 percent of installations were in the 5kW+ category. Gujarat led the charge with 2,86,545 installations, followed by Maharashtra with 1,26,344, Uttar Pradesh with 53,423, and Kerala.

The scheme, which now has 1.45 crore registrations, aims to provide solar power to 1 crore households by 2027. Prime Minister Narendra Modi introduced the scheme to achieve 1 crore rooftop solar installations in residential areas, with an allocated budget of Rs 75,021 crore.

The initiative has gained momentum in states like Tripura, Jharkhand, Arunachal Pradesh, and Manipur. The government is collaborating with Urban Local Bodies, Panchayats, and various stakeholders to promote rooftop solar systems. The scheme is expected to reduce electricity costs by Rs 75,000 crore annually and generate significant employment opportunities while lowering power bills for participants.