PM Surya Ghar Scheme Hits 10 Lakh Installations

In a remarkable stride toward achieving energy self-reliance and environmental sustainability, PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) has crossed a historic milestone of 10 lakh rooftop solar installations as of 10th March 2025. Launched by Prime Minister Narendra Modi on 13th February 2024, this ambitious initiative aims to solarize 1 crore households by 2026-27, significantly reducing electricity costs and promoting clean energy adoption. With ₹4,770 crore in subsidies already disbursed to 6.13 lakh beneficiaries and 3 GW solar capacity installed, the scheme is accelerating India’s transition to renewable energy while supporting the Aatmanirbhar Bharat and Make in India initiatives.

Key Highlights of the Scheme

Achievements So Far

  • 10 lakh installations completed by 10th March 2025.
  • 47.3 lakh applications received.
  • ₹4,770 crore disbursed to 6.13 lakh beneficiaries.
  • 3.10 lakh loan applications received, with 1.58 lakh sanctioned and 1.28 lakh disbursed.
  • 3 GW solar capacity installed, targeting 30 GW by 2027.

Financial Support and Subsidy Details

  • Subsidized Collateral-Free Loan up to ₹2 lakh at 6.75% interest rate from 12 Public Sector Banks.

Subsidy Structure Based on Monthly Consumption

  • 0-150 units → 1-2 kW plant → ₹30,000 to ₹60,000 subsidy
  • 150-300 units → 2-3 kW plant → ₹60,000 to ₹78,000 subsidy
  • Above 300 units → Above 3 kW plant → ₹78,000 subsidy
  • 15-day subsidy transfer process via National Portal.

State-Wise Performance

  • Chandigarh and Daman & Diu: Achieved 100% rooftop solar targets on government buildings.
  • Top Performing States: Rajasthan, Maharashtra, Gujarat, Tamil Nadu.

Key Benefits of the Scheme

  • Free Electricity through rooftop solar installation.
  • Savings of ₹75,000 crore per year in government electricity costs.
  • Reduction in carbon emissions equivalent to planting 100 trees per installation.
  • Additional income for households through surplus power sales to DISCOMs.
  • Job creation for 17 lakh people in manufacturing, logistics, installation, and O&M sectors.
  • Boost to domestic manufacturing of solar panels, inverters, and other components.

Model Solar Village Initiative

  • One Model Solar Village per district.
  • ₹1 crore grant for the top-performing village in each district.
  • Focus on energy self-reliance in rural areas.
  • ₹800 crore allocated for this initiative.

Impact of the Scheme

  • 30 GW rooftop solar capacity addition by 2027.
  • 720 million tonnes of CO₂ emissions reduction over 25 years.
  • 1000 Billion Units (BUs) of electricity generation.
  • Empowerment of rural communities and urban households.
Summary/Static Details
Why in the news? PM Surya Ghar Scheme Hits 10 Lakh Installations
Launched By Prime Minister Narendra Modi
Launch Date 13th February 2024
Total Installations (as of March 2025) 10 lakh households
Target by 2027 1 crore households
Total Applications Received 47.3 lakh
Total Subsidy Disbursed ₹4,770 crore
Loan Applications 3.10 lakh
Loan Sanctioned 1.58 lakh
Loan Disbursed 1.28 lakh
Solar Capacity Installed 3 GW (target: 30 GW by 2027)
Top States in Performance Rajasthan, Maharashtra, Gujarat, Tamil Nadu
Model Solar Village Fund ₹1 crore per village, ₹800 crore total
Subsidy for 1-2 kW system ₹30,000 to ₹60,000
Subsidy for 2-3 kW system ₹60,000 to ₹78,000
Subsidy for above 3 kW system ₹78,000
Job Creation 17 lakh jobs
Carbon Reduction 720 million tonnes
Electricity Generation Target 1000 Billion Units (BUs)
Shivam

As a Content Executive Writer at Adda247, I am dedicated to helping students stay ahead in their competitive exam preparation by providing clear, engaging, and insightful coverage of both major and minor current affairs. With a keen focus on trends and developments that can be crucial for exams, researches and presents daily news in a way that equips aspirants with the knowledge and confidence they need to excel. Through well-crafted content, Its my duty to ensures that learners remain informed, prepared, and ready to tackle any current affairs-related questions in their exams.

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