India launches rebate scheme for residential PV

Share

From pv magazine India

Indian Prime Minister Narendra Modi has announced the launch of the residential rooftop solar scheme for free electricity, PM Surya Ghar Muft Bijli Yojana.

“From substantive subsidies, which will be given directly to people’s bank accounts, to heavily concessional bank loans, the Central Government will ensure that there is no cost burden on the people,” said Modi. “All stakeholders will be integrated to a National Online Portal.”

The scheme offers a subsidy of INR 30,000/kW up to 2 kW, and INR 18,000/kW for additional capacity up to 3 kW. The total subsidy for systems larger than 3 kW has been capped at INR 78,000.


Source: pmsuryaghar.gov.in

To continue reading, please visit our pv magazine India website.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Growatt releases all-in-one 8 kWh balcony storage system
11 March 2025 The battery features four MPPTs and can take up to 2,600 W of PV input. It also has an AC nominal output power of 800 W.