In a significant step towards energy independence and environmental sustainability, the PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) has achieved a remarkable milestone of 10 lakh rooftop solar installations as of March 10, 2025. Launched by Prime Minister Narendra Modi on February 13, 2024, this ambitious program aims to solarize 1 crore households by 2026-27, which will help lower electricity costs and encourage the adoption of clean energy. With ₹4,770 crore in subsidies already distributed to 6.13 lakh beneficiaries and 3 GW of solar capacity installed, this initiative is propelling 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 from rooftop solar installations.
• Save ₹75,000 crore each year in government electricity expenses.
• Cut carbon emissions—like planting 100 trees for every installation.
• Households can earn extra income by selling surplus power to DISCOMs.
• Create jobs for 17 lakh people in manufacturing, logistics, installation, and O&M sectors.
• Boost local manufacturing of solar panels, inverters, and other components.
