As part of the ₹75,000-crore PM Surya Ghar: Muft Bijli Yojana, the Ministry of New and Renewable Energy has announced a ₹500-crore sub-component for “Innovative Projects”, according to a draft notification from the Ministry. Some examples of innovative projects envisioned include “.blockchain-based peer-to-peer RTS, digital solutions for RTS, smart building materials, RTS with EV, grid responsive RTS with battery storage …
The Union Cabinet on Thursday approved a ₹75,021-crore package for the “PM-Surya Ghar: Muft Bijli Yojana” to promote rooftop solar installations in India. “At current benchmark prices, this will mean ₹30,000 subsidy for 1 kW system, ₹60,000 for 2 kW systems and ₹78,000 for 3 kW systems or higher,” a press statement from the Power Ministry noted. For the remaining …
As part of a renewed thrust to increase adoption of household rooftop solar systems via the Pradhan Mantri Suryoday Yojana, the Centre will effectively bear the entire cost of setting up such systems for households that consume less than 300 units of electricity per month. Finance Minister, Nirmala Sitharaman in her Budget Speech on Thursday said that one crore households …
