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Home Renewable Solar

PMSGMBY Aims for 1 Million Rooftop Solar Installations by March 2025

Urja Daily by Urja Daily
December 6, 2024
in Solar
Reading Time: 1 min read
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PMSGMBY
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PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) has achieved 630,000 rooftop installations, with average monthly installations upto to an average of 70,000 and is expected to install over 1 million by March 2025 and reach upto 10 million by 2027. The key states like Gujarat, Maharashtra, Kerala, and Uttar Pradesh have shown rapid progress due to strong infrastructure and effective coordination.  

Further, the subsidy disbursements have been efficient, with Rs 31 billion already distributed to over 400,000 households by November 2024. Subsidies are processed within 15 days, improving operational efficiency and consumer satisfaction. The scheme has simplified processes for consumers, allowing online applications through its dedicated portal, which also facilitates vendor selection, subsidy redemption, and loan applications. 

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According to the press release over 28 per cent of participating households report zero electricity bills, driving increased participation. The programme has seen a ten-fold increase in monthly installations since its launch in February 2024, now averaging 70,000 installations per month compared to the previous rate of 7,000.

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