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Ministry of New and Renewable Energy has notified operational guidelines to encourage advancements in rooftop solar technologies, business models, and integration techniques.
- Earlier guidelines had been issued for other sub-components such as Modal solar village etc.
About ‘Innovative Projects’ Component
- Objective: To support startups, institutions, and industries in piloting new concepts, with a focus on emerging solutions like blockchain-based peer-to-peer solar trading, etc.
- Eligibility/Target Group: Any entity or individual and International Cooperation (Taking up joint research and design.)
- Tenure: Project will have a maximum duration of 18 months.
- Funds: ₹500 crore to encourage advancements in rooftop solar technologies,
- Funding for Projects: Financial assistance of up to 60% of project cost or ₹30 crore, whichever is lower.
- Scheme Implementation Agency: National Institute of Solar Energy (NISE)
About PM Surya Ghar: Muft Bijli Yojana (2024)
- Nodal Ministry: Union Ministry of New and Renewable Energy
- Duration: Till financial year 2026-27.
- Objective: To install rooftop solar (RTS) and provide free electricity for up to 300 monthly units for 1 crore households.
- Subsidy Benefits: Provides 60% of the solar unit cost for systems up to 2 kW capacity and 40 % of additional system cost for systems between 2 to 3 kW capacity.
