TAG: GS 3: ECONOMY
THE CONTEXT: Prime Minister recently launched the ‘Pradhan Mantri Suryodaya Yojana’, a pivotal government initiative aimed at installing rooftop solar power systems in one crore households.
EXPLANATION:
- This initiative comes in the backdrop of the existing Rooftop Solar Programme.
- It was launched in 2014 with the ambitious goal of achieving 40 GW of cumulative installed capacity by 2022.
- It was later extended to 2026.
- The primary objective of this scheme is to install solar power systems on residential rooftops, benefiting approximately one crore households.
- This initiative not only aims to reduce electricity bills for the poor and middle class but also aligns with India’s broader goal of achieving self-reliance in the energy sector.
Current Solar Capacity in India:
- As of December 2023, India’s solar power installed capacity stands at approximately 73.31 GW, with rooftop solar contributing around 11.08 GW.
- Noteworthy leaders in total solar capacity include Rajasthan with 18.7 GW and Gujarat with 10.5 GW.
- In the rooftop solar segment, Gujarat leads with 2.8 GW, followed by Maharashtra with 1.7 GW.
- Solar power holds a significant share in India’s total renewable energy capacity, reaching around 180 GW.
- India is projected to experience the highest growth in energy demand globally over the next three decades.
- Meeting this demand necessitates a reliable energy source, and with a commitment to reaching 500 GW of renewable energy capacity by 2030, solar energy becomes pivotal.
- The expansion is evident in the trajectory of solar capacity, growing from less than 10 MW in 2010 to 70.10 GW in 2023.
Rooftop Solar Programme:
- The Rooftop Solar Programme, initiated in 2014, focuses on expanding rooftop solar capacity in the residential sector.
- It provides Central Financial Assistance and incentives to distribution companies (DISCOMs).
- The target of achieving 40 GW of rooftop solar capacity by March 2026 has seen significant progress, with capacity increasing from 1.8 GW in March 2019 to 10.4 GW in November 2023.
- Consumers can benefit from the programme through DISCOM tendered projects or the National Portal (www.solarrooftop.gov.in).
- The National Portal offers consumers the flexibility to choose vendors, select solar equipment based on brand and quality, and receive subsidy directly in their bank accounts after installation and inspection.
- The surplus solar power generated can be exported to the grid, with consumers receiving monetary benefits based on prevailing regulations.
Pradhanmantri Suryoday Yojana Eligibility:
- Applicants are required to be permanent residents of India.
- The annual income of applicants should not surpass Rs 1 or 1.5 lakh.
- All necessary documents must be submitted accurately.
- Applicants should not be engaged in government service.
Benefits:
- Approximately one crore households will receive solar rooftop systems installed on their residences.
- The scheme specifically targets assisting those who are economically disadvantaged, including citizens below the poverty line, with their electricity expenses and other issues related to lighting.
- Participants in the scheme will have solar-powered lights installed in their homes, ensuring a continuous 24-hour supply of electricity.
- It is envisioned as a lasting solution, offering citizens a permanent and reliable source of electricity.
Conclusion:
- The Pradhan Mantri Suryodaya Yojana, in conjunction with the ongoing Rooftop Solar Programme, reflects India’s commitment to harnessing solar energy for a sustainable and self-reliant future.
- The initiatives not only address the pressing need for clean energy but also empower households, especially those in the lower-income brackets, by reducing electricity bills and contributing to India’s renewable energy goals.
- The success of these programs is crucial in shaping India’s energy landscape and combating the challenges posed by increasing energy demand and environmental concerns.