Solar power in india subsidy from government

What is solar subsidy scheme in India?

Under the scheme, households will be provided with a subsidy to install solar panels on their roofs. The subsidy will cover up to 40% of the cost of the solar panels. The scheme is expected to benefit 1 crore households across India. It is estimated that the scheme will save the government Rs. 75,000 crore per year in electricity costs.

How to get solar power subsidy under PM Surya Ghar muft Bijli Yojana?

A DISCOM official will inspect the installed solar power system to ensure it meets the required standards. After successful inspection and net metering setup, you will be eligible for the subsidy under the PM Surya Ghar Muft Bijli Yojana. The subsidy amount will be credited to your bank account linked to the application.

How to install solar panels for free in India?

There is no government scheme for installing solar panels for free in India. However, the government announced the Rooftop Solar Scheme or the PM Surya Ghar Muft Bijli Yojana, which aims to install solar panels in houses and achieve solar energy generation and usage in households.

What is Modi's solar subsidy scheme?

The scheme was launched by Prime Minister Narendra Modi on February 15, 2024. Under the scheme, households will be provided with a subsidy to install solar panels on their roofs. The subsidy will cover up to 40% of the cost of the solar panels. The scheme is expected to benefit 1 crore households across India.

What is solar subsidy scheme & how does it work?

This ambitious scheme empowers households to harness solar energy by offering a substantial subsidy covering up to 40% of the cost of installing solar panels on their rooftops. By enabling widespread adoption of solar power, the scheme is poised to benefit 1 crore households across the country.

How to avail subsidy under pm solar Yojana?

Here's an overview of the process of availing subsidy under the PM Solar Yojana: Visit the official website of the PM Surya Ghar Muft Bijli Yojana. Create an account and register using your personal details, including your name, address, and contact information.