M Surya Ghar: Ministry issues vendor registration rules
The Ministry has appointed REC Limited as the national registering authority and stated that for registration purposes, the vendors will submit a performance bank guarantee (PBG) of $30,000, which will be valid for at least five years. The aim of the registration is to record the installed rooftop solar systems in India, and the same can be displayed in the consumer search list.
State-level regulations stipulate that vendors registered under the GCRT Phase II programme shall remain registered. Vendors must apply to the relevant distribution firm or the appropriate state agency, along with a $3,000 bank guarantee. The ability to collect a single PBG of $3,000 from vendors for the whole state has been granted to state officials. Vendor registrations will be valid for the next five years, after which they may be extended for a further five years at no cost.
Commenced in January, the programme's goal is to reduce households' power costs while promoting India's energy independence. Regarding the draft rules for executing the PM-Surya Ghar: Muft Bijli Yojana in the residential rooftop solar segment, the MNRE has requested views and ideas from different stakeholders.