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Rooftop Solar Scheme announced in Budget titled ‘PM Surya Ghar: Muft Bijli Yojana’

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New Delhi (India), February 13 (ANI): The rooftop solar program announced in the interim budget tabled on February 1 would be known as PM Surya Ghar: Muft Bijli Yojana, Prime Minister Narendra Modi revealed on Tuesday in an article on X. .

The rooftop solar project, with an investment of over Rs 75,000 crore, aims to light up 1 crore homes by providing up to 300 units of free electricity every month.

Prime Minister Modi in Xpost said that his government is launching the Prime Minister Surya Ghar: Muft Bijli Yojana to promote sustainable development and welfare of people.

“Whether it is substantial subsidies, which will be paid directly into citizens’ bank accounts, or highly concessional bank loans, the central government will ensure that there is no financial burden on the people. All stakeholders will be integrated into a national online portal, making things even easier. ” PM Modi said in the X thread.

To popularize this program at the grassroots level, urban local bodies and panchayats will be encouraged to promote rooftop solar systems in their jurisdictions.

“At the same time, the project will lead to increase in income, reduction in electricity bills and creation of jobs for people,” PM Modi said.

He urged all residential consumers, especially the youth, to strengthen the PM – Surya Ghar: Muft Bijli Yojana by applying at – https://pmsuryaghar.gov.in According to the government, the expected benefits of this solarization are savings ranging up to Rs 15,000- 18,000 crore per year for households through free solar electricity and sale of surplus to distribution companies; electric vehicle charging; entrepreneurship opportunities for a large number of suppliers for supply and installation; and employment opportunities for young people with technical skills in manufacturing, installation and maintenance.

India meets a significant portion of its energy needs through coal-fired electricity, and this solar rooftop program could be seen as a way to reduce dependence on conventional energy sources.

At the COP26 held in 2021, India committed to an ambitious five-part “Panchamrit” commitment. These included reaching 500 GW of non-fossil electricity capacity, generating half of all energy needs from renewables, and reducing emissions by a billion tonnes by 2030.

India as a whole also aims to reduce the emissions intensity of its GDP by 45 percent. Finally, India commits to achieving net zero emissions by 2070.

About 44 percent of India’s energy needs currently come from non-fossil sources and are expected to rise to 65 percent by 2030, far more than the country pledged at the 2021 COP summit, said the Union Minister RK Singh, who manages the power and renewable energy portfolio, said recently. (ANI)

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