MNRE Issues Operational Guidelines for PM-Surya Ghar
POWER & RENEWABLE ENERGY

MNRE Issues Operational Guidelines for PM-Surya Ghar

The ministry of new and renewable energy (MNRE) has issued operational guidelines for implementing various components under the PM-Surya Ghar: Muft Bijli Yojana. The scheme aims to facilitate the adoption of rooftop solar systems across the residential sector through innovative financing and implementation models. 

The guidelines detail the implementation of two models for rooftop solar installations. Under the RESCO (Renewable Energy Service Company) model, third-party entities will invest in rooftop solar installations, allowing consumers to pay only for electricity consumed without bearing upfront costs. The Utility-Led Aggregation (ULA) model involves DISCOMs or state-designated entities installing rooftop solar systems on behalf of individual households. 

A Rs 1 billion corpus fund has been allocated for the Payment Security Mechanism (PSM) to mitigate investment risks in RESCO-based grid-connected rooftop solar models for the residential sector. The fund may be supplemented through additional grants and other sources, subject to approval from the ministry. 

The guidelines are designed to complement the existing capex-based implementation mode available through the national portal. These alternative models aim to accelerate the adoption of rooftop solar systems while addressing key barriers to investment and implementation. 
                                                                                                      

The ministry of new and renewable energy (MNRE) has issued operational guidelines for implementing various components under the PM-Surya Ghar: Muft Bijli Yojana. The scheme aims to facilitate the adoption of rooftop solar systems across the residential sector through innovative financing and implementation models. The guidelines detail the implementation of two models for rooftop solar installations. Under the RESCO (Renewable Energy Service Company) model, third-party entities will invest in rooftop solar installations, allowing consumers to pay only for electricity consumed without bearing upfront costs. The Utility-Led Aggregation (ULA) model involves DISCOMs or state-designated entities installing rooftop solar systems on behalf of individual households. A Rs 1 billion corpus fund has been allocated for the Payment Security Mechanism (PSM) to mitigate investment risks in RESCO-based grid-connected rooftop solar models for the residential sector. The fund may be supplemented through additional grants and other sources, subject to approval from the ministry. The guidelines are designed to complement the existing capex-based implementation mode available through the national portal. These alternative models aim to accelerate the adoption of rooftop solar systems while addressing key barriers to investment and implementation.                                                                                                       

Next Story
Technology

Atlas Copco Unveils Innovation Centre in Pune for Smart Manufacturing

Atlas Copco Tools has inaugurated its first Smart Factory Innovation Centre in India, a cutting-edge facility in Pune designed to showcase advanced technologies powering Smart Integrated Assembly ecosystems. The centre will serve as a hub for businesses across automotive, aerospace, electronics, heavy machinery, and manufacturing sectors to explore automation and smart manufacturing solutions for zero-defect production.The Innovation Centre offers hands-on demonstrations of the latest torquing and dispensing technologies, highlighting software-driven solutions that optimize efficiency, enhance..

Next Story
Resources

Elite Elevators Unveils India’s First Fully Customizable Home Elevator

Elite Elevators, a leader in the premium home lift segment, has launched Elite Elevators Bespoke—India’s first fully customizable luxury home elevator. The launch event, held at the company’s Chennai headquarters, showcased how the new offering redefines residential mobility by integrating state-of-the-art technology with personalized design.Speaking on the launch, Vimal Babu, Founder and CEO, Elite Elevators, said, “At Elite Elevators, our mission has always been to revolutionize home mobility with world-class innovations. Through its enhanced customizable features, our Bespoke elevat..

Next Story
Real Estate

Under-Construction Homes Now Costlier Than Ready-to-Move Properties

Under-construction (UC) homes are now more expensive than ready-to-move (RTM) properties across major Indian metros, according to the latest insights from Magicbricks.In Delhi, UC homes are priced at Rs 25,921 per sq. ft., surpassing RTM properties at Rs 18,698 per sq. ft. Similarly, in Gurugram, UC homes cost Rs 17,185 per sq. ft., compared to Rs 14,617 per sq. ft. for RTM properties.Mumbai, India’s costliest real estate market, has also seen a sharp rise, with UC home prices soaring 33.4 per cent Y-o-Y in Q1 2025 to Rs 32,371 per sq. ft., while RTM properties stand at Rs 28,935 per sq. ft...

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?