PM Surya Ghar Muft Bijli Yojana brings free electricity and clean energy to Indian homes. Learn all about this scheme and how to apply
The rising sun has always been a symbol of hope and new beginnings. Now, in India, it's poised to illuminate homes nationwide with the launch of the PM Surya Ghar Muft Bijli Yojana. This ambitious government initiative aims to harness the power of the sun to provide free electricity to millions of households. In this blog, we’ll uncover the details of the PM Solar Yojana and delve into the program's goals, eligibility criteria, and benefits.
The Prime Minister’s Surya Ghar Muft Bijli Yojana is a government initiative in India. It aims to promote rooftop solar installations across the country by offering subsidies and providing free electricity to participating households.
This program empowers households by equipping them with solar panels, helping them generate their own clean power, and offering financial incentives for excess electricity produced. To ensure affordability, the central government provides subsidies directly deposited into beneficiaries' accounts, along with readily available concessional bank loans. The government bears up to 40 percent of the installation cost of solar panels, making solar power a viable option for many.
With a national goal of equipping one crore homes with solar panels, the initiative empowers citizens and translates to potential cost savings of Rs75,000 crore per year for the government on electricity expenses.
To be eligible for the PM Surya Ghar Yojana, applicants must meet specific criteria set by the government. Here are the eligibility requirements: