Government Schemes

UV Power - Government Schemes

Government Schemes for Solar Energy in India

1. National Solar Mission (NSM)

  • Overview: Part of the National Action Plan on Climate Change, the NSM aims to promote solar energy for power generation and other uses to make solar energy competitive with fossil-based energy options.
  • Benefits: Subsidies and incentives for the installation of solar photovoltaic (PV) systems, both for residential and commercial uses.

Solar Rooftop Subsidy Scheme

  • Overview: Encourages the installation of solar panels on rooftops by providing subsidies.
  • Benefits: Up to 40% subsidy for the installation of solar rooftop systems for capacities up to 3 kW, and a 20% subsidy for systems with capacities between 3 kW and 10 kW.

PM-KUSUM Scheme 

  • Overview: Aims to provide financial and water security to farmers through the promotion of solar energy.
  • Benefits: Supports the installation of solar pumps and grid-connected solar and other renewable power plants in rural areas. The scheme offers various financial support options, including subsidies and loans.

Solar Rooftop Subsidy Scheme

  • Overview: Encourages the installation of solar panels on rooftops by providing subsidies.
  • Benefits: Up to 40% subsidy for the installation of solar rooftop systems for capacities up to 3 kW, and a 20% subsidy for systems with capacities between 3 kW and 10 kW.

Grid-Connected Rooftop Solar Scheme

  • Overview: Promotes the installation of grid-connected rooftop solar systems for residential, institutional, and social sectors.
  • Benefits: Central Financial Assistance (CFA) up to 40% for systems up to 3 kW and 20% for systems of 3 kW to 10 kW.

PM Suryodaya Yojana 2024 Apply Online: Apply for Pradhan Mantri Suryodaya Yojana

PM Suryodaya Yojana 2024 is a new scheme of the Central Government announced by PM Modi, whose objective is to install solar panels on the roofs of the houses of one crore poor and middle-class families in the country. Pradhan Mantri Suryodaya Yojana 2024 so that those families can get relief from expensive domestic electricity bills. Not only this, but the government will also provide subsidies to families for the installation of solar panels. This scheme was announced by Prime Minister Narendra Modi through his Twitter handle on the auspicious evening of the consecration of the Ram Temple on January 22, 2024.

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