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India Procurement News Notice - 79868


Procurement News Notice

PNN 79868
Work Detail The Ministry of New and Renewable Energy (MNRE) has officially launched the PM Surya Ghar: Muft Bijli Yojana, an ambitious initiative aimed at installing rooftop solar systems (RTS) for one crore households across India by March 2027. To support this initiative, the MNRE is seeking to enlist approximately 25,000 vendors to facilitate the rollout of these solar installations. This scheme focuses on generating clean energy through residential rooftop solar systems, contributing to India’s renewable energy goals. The total market potential for this initiative is significant, estimated at ?1,45,000 crores, based on benchmark costs for installing 3 kilowatt (KW) systems in one crore households. Additionally, registered vendors will benefit from Central Financial Assistance (CFA) of up to ?78,000 per household, making the scheme financially appealing for both vendors and homeowners. Currently, there are around 8,000 vendors registered under the scheme. However, to meet the growing demand for rooftop solar installations, the government aims to expand this number to 25,000. While established states like Gujarat, Maharashtra, Uttar Pradesh, Kerala, and Tamil Nadu are witnessing high growth rates in rooftop solar installations, there are numerous opportunities in the Northeastern Region (NER) and various Union Territories (UTs) that remain untapped. To assist prospective vendors, the Renewable Energy Corporation (REC) has initiated several supportive programs. The REC’s Vendor Management Division provides ongoing assistance through weekly interactions, dedicated email support, and capacity-building initiatives to guide vendors through the registration and operational processes. Interested individuals, firms, and companies will receive detailed information about the scheme, including the vendor registration process on the National Portal. This portal streamlines the implementation of solar installations, ensuring efficiency. Furthermore, the REC will guide participants in capacity-building programs supported by the MNRE, equipping them with the necessary skills to contribute effectively to the initiative. As a registered vendor, participants will play a vital role in the entire lifecycle of rooftop solar installations. Their responsibilities will include system design, component supply, installation, commissioning, and offering a Comprehensive Maintenance Contract for five years. The government is dedicated to enhancing the vendor experience by addressing concerns, providing clear guidelines, and simplifying procedures to encourage active participation in the scheme. The PM Surya Ghar: Muft Bijli Yojana represents a substantial opportunity for individuals and companies to engage in the renewable energy sector while helping India achieve its clean energy objectives. By becoming registered vendors, participants will be instrumental in driving the adoption of rooftop solar systems, promoting sustainability, and ultimately contributing to the nation’s energy transition.
Country India , Southern Asia
Industry Energy & Power
Entry Date 19 Oct 2024
Source https://solarquarter.com/2024/10/18/mnre-launches-pm-surya-ghar-muft-bijli-yojana-to-enlist-25000-vendors-for-rooftop-solar-installations-across-india/

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