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The MNRE has issued operational guidelines for the “Innovative Projects” component under the PM Surya Ghar: Muft Bijli Yojana, as per the order dated March 16, 2024. The scheme, with a financial outlay of ?75,021 crore, aims to install rooftop solar plants in one crore households. The guidelines detail the implementation of innovative solar projects, approved by the competent authority, to enhance India’s solar energy capabilities.
The PM Surya Ghar: Muft Bijli Yojana was introduced by the Government of India on 29th February 2024 to increase rooftop solar capacity and help households generate their electricity. This scheme, with a budget of ?75,021 crore, will run until the financial year 2026-27. A major part of the scheme is the “Innovative Projects” initiative, which promotes advancements in solar technology and new ways of using solar power.
Under this initiative, ?500 crore is set aside to support projects that demonstrate innovative technologies and business models in rooftop solar applications. These projects may include new ways to integrate solar technology, such as digital solutions, smart building materials, and solar installations with battery storage. Another goal is to create tools to help distribution companies (DISCOMs) manage energy from distributed resources more effectively.
The scheme encourages participation from individuals, startups, and institutions. Interested parties can submit their proposals through a national portal, where projects are evaluated based on their innovation, feasibility, and potential societal impact. The government offers financial assistance, covering up to 60% of the project cost or a maximum of ?30 crore.
To further encourage innovation, the scheme includes an annual awards program, with cash prizes for the most promising rooftop solar projects. The selection and monitoring of these projects are handled by various committees. These committees include representatives from the Ministry of New and Renewable Energy (MNRE) and experts from national institutions. Their role is to ensure that projects align with the scheme’s goals and that the funds are used properly.
The guidelines stress the importance of transparency in the use of funds, regular monitoring, and the submission of detailed reports. The service charge for managing the projects is set at 0.5% of the financial support provided, which will be paid to the National Institute for Solar Energy (NISE), responsible for overseeing the scheme.
This initiative is part of India’s broader efforts to increase the use of renewable energy and reduce reliance on traditional power sources. By supporting innovative rooftop solar projects, the government aims to advance the solar industry and develop sustainable energy solutions for the future. |
