Bhubaneswar: Odisha has set an ambitious target of installing 3 lakh rooftop solar panels by 2027 under the PM Suryaghar Yojana. This initiative aligns with India’s national goal of achieving 500 GW of renewable energy capacity by 2030.
In a significant step towards ensuring the scheme’s effective implementation, a Vendor’s Meet was organized by REC Limited, RO Bhubaneswar, here on Wednesday. The event witnessed enthusiastic participation from solar vendors and representatives of SLBC and banking partners.
The Meet was graced by the presence of TPCODL CEO Arvind Singh and OREDA CEO Saidutta Biplab Keshari Pradhan. The Meet served as a platform for key stakeholders to engage in constructive discussions addressing bottlenecks in the scheme’s implementation and exploring potential solution.
One of the standout features of the scheme is the provision of subsidies. Consumers can avail e Central Government subsidy of up to ₹78,000 for installations of up to 3 kW. Complementing this, the Odisha State Government offers an additional subsidy of up to ₹60,000, making solar energy adoption even more attractive. To further ease the financial burden, affordable loans of up to ₹2 lakh are available from public sector banks at an interest rate as low as 7%.
