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Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
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Odisha Cabinet Approves Additional Subsidy For Rooftop Solar Projects

OMMCOM NEWS by OMMCOM NEWS
January 3, 2025
in Odisha
Rooftop Solar Panel

Bhubaneswar: In a significant move to promote renewable energy and support the Pradhan Mantri Surya Ghar: Mufti Bijli Yojana (PMSG: MBY), the Odisha Cabinet on Friday approved an additional subsidy for rooftop solar projects in the state.

The decision aims to encourage residential households and housing societies to adopt solar energy, reduce dependency on conventional electricity, and contribute to carbon neutrality.

The Odisha Government will provide an additional subsidy of Rs 25,000 per kilowatt for rooftop solar installations up to 2 kilowatts per household. For the third kilowatt, an additional subsidy of Rs 10,000 will be offered. Group Housing Societies (GHS) and Residential Welfare Associations (RWAs) will also benefit, with financial assistance of Rs 18,000 per kilowatt for projects up to 500 kilowatts (with a maximum of 3 kilowatts per household) for EV charging and general electricity usage.

The initiative, to be implemented over three years from 2024-25 to 2026-27, will cost the state government Rs 1,800 crore and benefit approximately 3 lakh domestic electricity consumers across Odisha. This subsidy is expected to accelerate the adoption of solar energy in residential areas, contributing to a greener and more sustainable future.

Tags: Odisha Cabinet
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