Overview of Pradhan Mantri Suryoday Yojana
Objective and Schedule: The initiative ambitiously aims to achieve its target of solarizing 1 crore households with rooftop solar installations within the span of a year, aligning with the broader objective to attain 40 GW of rooftop solar capacity by the year 2026.
Nodal Agency Role: REC has been designated by the Ministry of New and Renewable Energy (MNRE) as the overall program implementation agency for the rooftop solar scheme.
Involvement of Key Public Enterprises: Eight major government-owned companies, such as NTPC, NHPC, and PowerGrid, are set to play a significant role in setting up rooftop solar systems. They will work under the RESCO model and get financial support from REC.
Financial Growth: REC plans to grow their renewable energy loans to a staggering Rs 300,000 crore by 2030, with a current sanctioned amount of about Rs 125,000 crore.
Eligibility Criteria for Pradhan Mantri Suryoday Yojana:
The eligibility for this solar rooftop yojana are given below
- Applicant must be Indian Citizen.
- The applicant’s yearly income can be up to Rs 1 or 1.5 lakh.
- All necessary documents have to be filed correctly.
- Property ownership may be a criterion.
- Priority for those who have not previously benefited from similar schemes
How to apply for Pradhan Mantri Suryoday Yojana?
Anyone eligible for the scheme can easily apply online by following these steps:
- Visit the Pradhan mantri Suryoday Yojana’s official website at https://solarrooftop.gov.in.
- Register by entering your details such as name, Aadhar card number, address, and phone number.
- Upload the necessary files and complete the registration process
- For further reference, make sure to note down the application ID.
Documents Required for Pradhan Mantri Suryoday Yojana Registration:
When submitting an application for the Pradhan Mantri Suryoday Yojana, please ensure you have the following documents ready for verification:
- Aadhar card
- Income certificate
- Domicile certificate
- Electricity bill
- Bank passbook
- A passport-size photo
- Ration card
Benefits of Pradhan Mantri Suryoday Yojana:
The Pradhan Mantri Suryoday Yojana brings a lot of benefits to the people of India, making life easier and more sustainable. Here’s how:
- Lower Electricity Bills: This scheme will allow many households, especially those with low incomes; to have lower or no electricity bills. Savings upto 300 units are estimated for 15,000-18,000/- household from solar electricity.
- Energy Self-Sufficiency: The scheme is a significant step towards making India self-reliant in energy production, reducing dependency on external sources.
- Economic Relief: By slashing electricity bills, the scheme provides financial relief to families, allowing them to allocate their income to other essential needs.
- Empowerment: By facilitating access to free energy, the scheme empowers the less privileged sections of society, fostering a sense of independence and self-sufficiency.
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