india ☀️ States shifting to solar subsidies to cut power losses
Several states, including Uttar Pradesh, Andhra Pradesh, and Bihar, are starting to offer financial aid for rooftop solar installations. This is happening as states seek to reduce revenue losses from subsidizing electricity for consumers. The Pradhan Mantri – Surya Ghar: Muft Bijli Yojna aims to install RTS in one crore households by March 2027. Some states are opting for a one-time capital expenditure under the Utility-Led Aggregation Model instead of ongoing costs. The current scheme offers 300 units of free power monthly, with 52 lakh households already installed as of August 13.