PM ROOFTOP SOLAR SCHEME - ENVIRONMENT

News: 300 Units Free Electricity Under Rooftop Solar Scheme: Interim Budget 2024

 

What's in the news?

       Recently, the Finance Minister of India presented an interim budget 2024 and reiterated a plan by the Prime Minister to supply power to one crore households in the country using rooftop solar panels.

 

Key takeaways:

       In 2014, the government launched the Rooftop Solar Programme that aimed to achieve a cumulative installed capacity of 40,000 megawatts (MW) or 40 gigawatts (GW) by 2022.

       India has increased it from less than 10 MW in 2010 to 70.10 GW in 2023.

 

PM Suryodaya Yojana:

       Installation of System: Households that have a monthly electricity consumption of less than 300 units a month will be able to install a mid-sized system with the government bearing the expense.

       Rise in Subsidy: The subsidy will increase to 60% from 40% and the rest will be financed by a private developer who is affiliated to a public sector enterprise connected to the Power Ministry, earlier the remainder having to be borne by the consumers.

       Mechanism of Net-Metering: The surplus electricity produced by households can be sold back to the grid to make good the loan, though the actual way of implementation can be complex.

       Target: Installing rooftop solar on 1 crore houses.

 

Rooftop Solar Programme:

       It is launched in 2014.

 

Aim:

       To expand India’s rooftop solar installed capacity in the residential sector by providing Central Financial Assistance - the financial assistance to the eligible projects as per MNRE Guidelines and incentives to DISCOMs (distribution companies).

 

Goal:

       To increase rooftop solar installed capacity to 40 GW by March 2026 and it is currently in its second phase.

       Owing to the scheme, the country’s rooftop solar has increased from 1.8 GW as of March 2019 to 10.4 GW as of November 2023.

 

Features:

       A consumer can avail of benefits of the scheme through DISCOM tendered projects or through the National Portal (www.solarrooftop.gov.in).

       The consumer has the choice to select any vendor and choose the brand and quality/efficiency of solar equipment on the national portal.

       The DISCOMs role is limited to issuing of technical feasibility approval, installation of net-meter and inspecting the system.

       After installation and inspection of the system, the subsidy is sent directly to the bank account of the consumer.

       The surplus solar power units generated from the rooftop solar plant can be exported to the grid as per the metering provisions issued by respective SERCs (State Electricity Regulatory Commissions)/JERCs (Joint Electricity Regulatory Commission).

       The consumer can receive monetary benefits for the surplus exported power as per the prevailing regulations.

 

Go back to basics:

States with Top Solar Capacity:

  1. Rajasthan
  2. Gujarat
  3. Maharashtra

 

States with Top Rooftop Capacity:

  1. Gujarat
  2. Maharashtra
  3. Karnataka