PM Modi launches new rooftop solar power scheme: What it is, why it is needed

On January 22, PM Modi introduced the 'Pradhan Mantri Suryodaya Yojana', aiming to provide rooftop solar power systems to one crore households.

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it is a scheme that will involve installing solar power systems at rooftops for residential consumers.

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He mentioned that the scheme would not only lower electricity bills for the "poor and middle class" but also contribute to India's self-reliance in the energy sector.

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As of December 2023, the solar power installed capacity in India has reached approximately 73.31 GW, according to the Ministry of New and Renewable Energy's website.

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Significantly, solar power holds a substantial portion of the country's current renewable energy capacity, amounting to approximately 180 GW.

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India is projected to experience the most significant growth in energy demand among all countries or regions worldwide over the next three decades.

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To address this rising demand, the country requires a dependable energy source, and relying solely on coal plants is not a sustainable solution.

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After installation and inspection of the system, the subsidy is sent directly to the bank account of the consumer.

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