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					</table><p>A new program to install rooftop solar systems on 10 million households across India has been announced by Prime Minister Narendra Modi as part of the Pradhan Mantri Suryodaya Yojana initiative.</p>
<p>The program aims to reduce the electricity expenditure of poor and middle-class households while enabling India’s self-reliance in the field of energy, the Prime Minister said in a post on the microblogging site X.</p>
<p>Later, at a meeting, Modi said a national campaign would be launched to mobilize residential segment consumers to adopt rooftop solar in large numbers.</p>
<p>In the first nine months of 2023, India installed a cumulative rooftop solar capacity of 1.3 GW, which was a 12% year-over-year increase. Last year, in the third quarter alone, the country added 431 MW of rooftop capacity, which was 34.7% higher than the previous year. The installations also saw a quarter-over-quarter increase of 11.4% from 388 MW, according to Mercom India Research’s newly released <a href="https://www.mercomindia.com/product/rooftop-solar-market-report-q3-2023" target="_blank" rel="noopener">Q3 2023 Mercom India Rooftop Solar Market Report.</a></p>
<p>India’s cumulative rooftop solar capacity stood at 10.1 GW at the end of the third quarter of 2023.</p>
<p>Recently, the Ministry of New and Renewable Energy (MNRE) <a href="https://www.mercomindia.com/mnre-discoms-application-process-rooftop-solar" target="_blank" rel="noopener">simplified</a> the implementation and application process to accelerate the deployment of grid-connected rooftop solar.  At the technical feasibility stage, consumers will only be required to furnish any electricity bill from the last six months to the distribution companies.</p>
<p>The MNRE also <a href="https://www.mercomindia.com/mnre-hikes-cfa-rooftop-solar" target="_blank" rel="noopener">increased</a> the benchmark Central Financial Assistance for rooftop solar systems under Phase II of the Grid-connected Rooftop Solar Program.</p>
<p>Public infrastructure company REC Limited has been <a href="https://www.mercomindia.com/rec-limited-lead-national-rooftop-solar-program" target="_blank" rel="noopener">designated</a> as the overall implementing agency for the program, which aims to achieve 40 GW of rooftop solar capacity by March 2026.</p>
<p>Phase II of the program has a financial outlay of ₹118.14 billion (~$1.42 billion) for both the residential segment and distribution companies.</p>
<p>Recognizing the benefits of rooftop solar systems, many housing complexes across India are <a href="https://www.mercomindia.com/residential-rooftop-solar-owners-go-green-and-save-big" target="_blank" rel="noopener">installing</a> rooftop solar panels.</p>


Modi Announces New Program to Install Rooftop Solar on 10 Million Homes

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