MNRE issues Operational Guidelines for implementation of various components under PM-Surya Ghar: Muft Bijli Yojana

Union Ministry of New and Renewable Energy has notified Scheme Guidelines for implementation of ‘Payment Security Mechanism’ Component and ‘Central Financial Assistance’ Component for RESCO Models/ Utility Led Aggregation Models under PM-Surya Ghar: Muft Bijli Yojana.

The scheme offers two alternative implementation models for the installation of rooftop solar plants for consumers: the RESCO (Renewable Energy Service Company) model, where third-party entities invest in rooftop solar installations, allowing consumers to pay only for the electricity consumed without bearing the upfront costs; and the Utility-Led Aggregation (ULA) model, where DISCOMs or state designated entities will install rooftop solar projects on behalf of individual residential sector households.

Under this scheme component, ₹100 crore corpus fund has been earmarked for Payment Security Mechanism (PSM) for de-risking investments in RESCO-based grid-connected rooftop solar models in the residential sector, which may be supplemented through other grants, funds and sources after due approval of the Ministry.

It is clarified that these guidelines are in addition to the existing mode of implementation undertaken by consumers (capex mode) through the national portal (https://www.pmsuryaghar.gov.in/), and these alternative models will supplement the national portal-based implementation of the scheme.