The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved PM-Surya Ghar: Muft Bijli Yojana with a total outlay of Rs 75,021 crore for installing rooftop solar power units and providing free electricity up to 300 units every month for one crore households, according to an official statement issued on Thursday.
The scheme provides Central financial assistance of 60 per cent of system cost for 2 kW systems and 40 per cent of additional system cost for systems between 2 to 3 kW capacity. The financial assistance will be capped at 3 kW. At current benchmark prices, this will mean Rs 30,000 subsidy for 1 kW system, Rs 60,000 for 2 kW systems, and Rs 78,000 for 3 kW systems or higher.
The households will apply for subsidy through the National Portal and will be able to select a suitable vendor for installing rooftop solar. The National Portal will assist the households in their decision-making process by providing relevant information such as appropriate system sizes, benefits calculator, vendor rating etc.
Households will be able to access collateral-free low-interest loan products of around 7 per cent at present for installation of residential RTS systems up to 3 kW.
Other highlights of the scheme include a Model Solar Village being developed in each district of the country to act as a role model for adoption of rooftop solar in rural areas, and Urban Local Bodies and Panchayati Raj Institutions also benefiting from incentives for promoting RTS installations in their areas.
The scheme provides a component for payment security for renewable energy service company (RESCO) based models as well as a fund for innovative projects in RTS.
The scheme, announced by the Prime Minister on February 13, will enable households to save electricity bills as well as earn additional income through sale of surplus power to discoms. A 3 kW system will be able to generate more than 300 units a month on an average for a household.
The proposed scheme will result in addition of 30 GW of solar capacity through rooftop solar in the residential sector, generating 1000 BUs of electricity and resulting in reduction of 720 million tonnes of CO2 equivalent emissions over the 25-year lifetime of rooftop systems.
It is estimated that the scheme will create around 17 lakh direct jobs in manufacturing, logistics, supply chain, sales, installation, O&M and other services, the official statement added.
Priority given to development of border villages in North Eastern states: Union MoS Dr. L Murugan
The Union Minister of State for Information and Broadcasting and Parliamentary Affairs Dr. L Murugan on Thursday arrived here at Agartala on a two-day visit to the state and laid emphasis on proper implementation of the flagship programmes of the Prime Minister.
MHA sanctioned another Tripura State Rifles battalion: CM Saha
An official of the Tripura Chief Minister’s Office (CMO) said that the decision to create another TSR battalion was taken based on Chief Minister Manik Saha's proposal placed before Union Home Minister Amit Shah during his recent meeting in New Delhi.
CM Dr Manik Saha seeks support from DoNER ministry for AIMS in Tripura
Chief Minister Dr Manik Saha on Thursday attended the second meeting of the High-Level Task Force on Investment Promotion in the North Eastern Region chaired by the DoNER Minister Jyotiraditya Scindia and sought support of the ministry for establishment of AIMS in Tripura.
Man held with stealing gold worth Rs 1 lakh while selling in jewelry shop
Alertness by a local jeweller and swift police action led to the arrest of a 24‑year‑old man who tried to sell stolen ornaments at SB Jewellers opposite Kali Bari in Bishramganj Madhya Bazar on Thursday afternoon.
Man found hanging in abandoned office
A sense of deep sorrow has gripped the Madhuban Jharjharia area under Amtali after the lifeless body of a young man was recovered from an abandoned building near the local electricity office on Thursday afternoon.
State making steady progress across all sectors: CM
Chief Minister Prof. Dr. Manik Saha today said that solving the basic problems of the people is one of the goals of the present government and Tripura is moving forward in all areas including health, education and sports.
State Cabinet passes resolution congratulating PM Modi, armed forces for success of 'Operation Sindoor'
The Tripura State Cabinet, led by Chief Minister Dr. Manik Saha, extended its heartfelt congratulations to Prime Minister Narendra Modi and the Indian Armed Forces for the successful execution of the anti-militancy mission, Operation Sindoor.
Maulana Azad National Urdu University cancels MoU with Turkish institute
Maulana Azad National Urdu University (MANUU) has announced the cancellation of its academic Memorandum of Understanding (MoU) with Yunus Emre Institute of Turkey in the wake of Turkey's support to Pakistan in the recent Indo-Pak conflict following the terror attack at Pahalgam.