PM | DD News

December 16, 2025 5:17 PM

PM Surya Ghar scheme delivers zero electricity bills to over 7.7 lakh households

The PM Surya Ghar Muft Bijli Yojana is steadily transforming India’s residential power landscape, with more than 7.7 lakh households already reporting zero electricity bills after installing rooftop solar systems, the Ministry of New and Renewable Energy said on Tuesday. The scheme, launched in February 2024, aims to make clean energy affordable while reducing the power burden on households across the country. Sharing the progress in a written reply in the Rajya Sabha, Union Minister of Stat...

October 7, 2025 5:55 PM

Over 5 lakh loan applications worth Rs 10,907 crore sanctioned under PM Surya Ghar Muft Bijli Yojana

The PM Surya Ghar Muft Bijli Yojana (PMSGMBY) has crossed a milestone in promoting household adoption of solar energy, with Public Sector Banks (PSBs) sanctioning over 5.79 lakh loan applications amounting to ₹10,907 crore as of September 2025. The achievement underscores the government’s continued push to make clean, affordable, and self-sustaining power accessible to citizens across the country. The PMSGMBY scheme, launched to encourage rooftop solar installations, is being implemented wi...

April 15, 2025 2:10 PM

India’s rooftop solar capacity projected to reach 25–30 GW by FY27

India’s rooftop solar energy capacity is expected to rise significantly from 17 GW to an estimated 25–30 GW between FY25 and FY27, according to a report released on Tuesday.. This projected surge is aligned with the country’s broader energy transition goals as solar power continues to emerge as a central pillar in India’s clean energy roadmap. As per CareEdge Ratings, rooftop solar—especially in the commercial and industrial (C&I) segment—is set to play a critical role in India...

January 16, 2025 4:35 PM

PM Surya Ghar Muft Bijli Yojana to drive Rs 1.2 trillion solar power boom

The PM Surya Ghar Muft Bijli Yojana (PM-SGMBY) is set to unlock a massive Rs 1.2 trillion opportunity in India's solar power sector, according to a report by SBI Capital Markets. The scheme aims to promote residential rooftop solar installations with an ambitious target of achieving 30 GW capacity. Offering substantial capital cost subsidies, the scheme significantly reduces payback periods by 4-5 years, encouraging widespread adoption of solar energy. According to the report, "The scheme posse...