logo
#

Latest news with #PMSGY

Good News For Delhiites, Govt Approves Subsidy Of Up To Rs 1,08,000 On Solar Panels
Good News For Delhiites, Govt Approves Subsidy Of Up To Rs 1,08,000 On Solar Panels

News18

time20-05-2025

  • Business
  • News18

Good News For Delhiites, Govt Approves Subsidy Of Up To Rs 1,08,000 On Solar Panels

Last Updated: Under the new scheme, Delhi residents who opt to install a 3-kilowatt solar panel system will receive a combined subsidy of up to Rs 1.08 lakh. In a significant move to accelerate the adoption of renewable energy and curb pollution, the Delhi government, led by Chief Minister Rekha Gupta, has approved an unprecedented solar subsidy package, the largest of its kind for the national capital. The announcement was made following a Delhi Cabinet meeting held on Tuesday, May 20. Under the new scheme, residents who opt to install a 3-kilowatt solar panel system will receive a combined subsidy of up to Rs 1.08 lakh. This includes Rs 78,000 already offered under the Centre's Pradhan Mantri Surya Ghar Yojana (PMSGY) and an additional Rs 30,000 now pledged by the Delhi government. 'This is a historic moment for Delhi," said Environment Minister Manjinder Singh Sirsa, while briefing the media. Until now, citizens received assistance only from the central government. But Chief Minister Rekha Gupta added Rs 30,000 more, raising the total benefit to over Rs 1 lakh, he said. The state also announced a direct subsidy of Rs 10,000 for residents opting for a smaller 1-kW solar unit. Sirsa further revealed that financing arrangements have been made so that citizens will not have to pay any upfront costs. Banks will provide up to Rs 90,000 as financial assistance for a 3-kW system, which users can repay in monthly installments of approximately Rs 4,200. Beyond renewable energy, the cabinet also approved a sweeping anti-pollution initiative aimed at tackling the city's air quality crisis ahead of the winter months. The Public Works Department (PWD) will deploy 210 water sprinklers and 70 mechanical road sweepers, while the Municipal Corporation of Delhi (MCD) will install an additional 250 sprinklers across city roads. Smog guns, litter collection machines, and automated cleaning technologies will also be rolled out to reduce manual scavenging and improve sanitation efficiency. 'We are acting not just for today, but for the future of Delhi," Sirsa said, adding, 'These measures will significantly reduce dust and particulate matter before the smog season sets in." Marking the 100-day milestone of the Rekha Gupta administration, Sirsa touted the progress as 'unbelievable," crediting the chief minister's round-the-clock dedication. People will be stunned when they hear the 100-day report. The scale of development underway is truly historic, he said. First Published: May 20, 2025, 19:10 IST

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store