PM Surya Ghar Yojana Drives Energy Transition: 9.56 GW Rooftop Solar Capacity Added till March 2026

**Executive Summary** The PM Surya Ghar Muft Bijli Yojana (PMSG: MBY), launched in February 2024, has successfully added 9.56 GW of rooftop solar (RTS) capacity as of March 20, 2026. The scheme aims to install RTS in one crore households to produce 1,000 billion units of electricity and reduce 720 million tons of CO2 emissions over 25 years. To achieve these targets, the government has streamlined the application-to-subsidy process via a National Portal and introduced concessional, collateral-free financing. **Key Points / Main Content** **Financial Incentives and Support** * **Direct Subsidy:** Applications and subsidy disbursements are processed directly into residential consumers' bank accounts through the National Portal. * **Concessional Loans:** Nationalized banks offer collateral-free loans at a current interest rate of 5.75% (repo-rate plus 50 bps) with a 10-year tenure. * **Diverse Models:** The scheme includes RESCO and Utility-Led Aggregation (ULA) models to facilitate adoption. **Regulatory and Technical Simplification** * **Streamlined Approvals:** Technical feasibility requirements have been waived, and auto load enhancement up to 10 kW has been introduced. * **Integrated Agreements:** Net metering agreements are now integrated into the National Portal application process. * **Vendor Management:** The registration process for vendors has been simplified to ensure a qualified and sufficient supply of service providers. **Socio-Economic Impact and Infrastructure** * **Employment Generation:** The scheme is estimated to create approximately 17 lakh jobs across manufacturing, logistics, installations, and financial services. * **Grievance Redressal:** A dedicated call center (15555) is operational in 12 languages to resolve consumer issues. * **Capacity Building:** Ongoing training programs are being conducted to create a skilled workforce for the solar sector. **Monitoring and Outreach** * **Awareness Campaigns:** Extensive outreach is conducted via print, TV, radio, and regional media channels. * **Implementation Oversight:** Progress is monitored through regular regional review meetings and coordination between the MNRE, REC Ltd. (National Programme Implementing Agency), and local DISCOMs. **Impact Analysis** **Residential Consumers** **Impact** Eligible households with grid-connected DISCOM connections can transition to renewable energy with reduced financial barriers and simplified regulatory hurdles. **Action Required** Apply through the National Portal of the scheme to initiate the installation and subsidy process. **Vendors and Solar Industry Professionals** **Impact** Significant growth in market demand and a simplified registration process to provide services in manufacturing, sales, and O&M. **Action Required** Register through the simplified vendor process and participate in capacity building and training programmes. **DISCOMs and Implementing Agencies (MNRE/REC Ltd.)** **Impact** Increased responsibility for grid integration, monitoring progress, and coordinating the effective implementation of the scheme. **Action Required** Maintain close coordination for technical approvals, participate in regional review meetings, and monitor progress at various levels.

Key Entities Referenced