The PM Surya Ghar Muft Bijli Yojana (PM-SGMBY) is expected to create a massive Rs 1.2 trillion opportunity in India's solar power sector, according to a report by SBI Capital Markets.
The scheme offers two alternative implementation models for the installation of rooftop solar plants for consumers: the RESCO (Renewable Energy Service Company) model, where third-party entities invest in rooftop solar installations, allowing consumers to pay only for the electricity consume
Union Minister Pralhad Joshi on Friday said that 7.06 lakh rooftop solar electricity units have been installed in the country in the last 6 months under PM Surya Ghar Muft Bijli Yojana.
Haryana Chief Secretary Vivek Joshi on Thursday presided over the state-level coordination committee meeting to review the PM Surya Ghar: Muft Bijli Yojana.
Prime Minister Narendra Modi on Wednesday sharpened his attack on the JMM-led coalition, saying that Chief Minister Hemant Soren contests polls from a seat in the Santhal Pargana but people of the region are forced to migrate to other states for work due to lack of development.
"India is the first country in the G20 to achieve its Paris Climate commitments 9 years ahead of the deadline. Among the G20 nations, we are the only one to have achieved this feat," PM Modi said.
PM Surya Ghar Muft Bijlee Yojana is a central scheme that aims to provide free electricity to one crore households in the country, who opt to install roof top solar electricity unit.
In a significant move towards sustainable energy and to boost solar energy adoption in Goa, Chief Minister Pramod Sawant launched the 'Goem Vinamulya Vij Yevjan,' an initiative aligned with the Prime Minister's Surya Ghar Muft Bijli Yojana.
The Union Finance Minister announced the formation of a joint venture between NTPC and BHEL companies. Further, the Union Minister said that a roadmap for moving the 'hard to abate' industries from 'energy efficiency' targets to 'emission targets' will be formulated.
In a significant step towards enhancing green energy generation in the state, Assam Chief Minister Dr Himanta Biswa Sarma laid the foundation stone for a 25-MW solar power generation project at the premises of the Namrup Thermal Power Station in Dibrugarh district on Friday.