Hyderabad, April 12 (Maxim News): The Telangana government has good news for those who want to install solar power projects on their homes. Under the PM Suryagarh Muft Bijli Yojana, it has decided to set up 2 kilowatt capacity projects on 20 lakh homes by March 2027.
It is estimated that an additional 4 thousand megawatts of current can be provided through this. While the center will provide subsidies upto 3 kilowatt projects, the rest will be available for loans from banks and financial institutions. Details of banks and financial institutions are available on the national portal for those who want to get loans related to this scheme.
It is estimated that the cost of the 2 KV project will be Rs. 1.10 lakhs. The central government will provide a subsidy of Rs. 60 thousand, while the remaining 50 thousand will have to be borne by the consumers.
The 2 KV project will generate 240 units of electricity per month. The rest of it will be sent to the grid for household needs. The current units supplied to the grid every month are calculated and the DISCOMs will give it to the consumers at the rate of Rs. 2.09 per unit.
First, you have to register on the national portal with a thousand rupees. You have to submit an application to the DISCOM along with the electricity bill, bank details and address proof. After registration, once the details of the M-Panel companies are displayed, you have to select a company.
Once an agreement is reached with the vendor, the subsidy will be given and the remaining amount should be taken as a loan from the bank. Once the project is completed, the related photos should be uploaded. The subsidy provided by the center will be credited to the bank account within 15 days of completing this process.
The Telangana government is already providing 200 units of free electricity to SC and ST households every month. Out of this, there are 20.18 lakh electricity connections.
The state government will provide an additional Rs. 50 thousand for each connection, in addition to the Rs. 60 thousand subsidy given by the center for newly established 2 KV projects. It is reported that the authorities are already identifying the houses that have the opportunity to set up these projects and are inviting applications. (Maxim News)
Next Story:
Khammam Assault Survivor Undergoes Surgery at NIMS, Receives Rs 5 Lakh Aid
Hyderabad, June 18 (Maxim News): A minor girl from Khammam district, who is undergoing treatment at Nizam’s Institute of Medical Sciences (NIMS) after a sexual assault, underwent surgery as doctors continued to provide advanced medical care for her recovery. Here To Join Us On WhatsApp State Women and Child Welfare Minister Seethakka and Telangana Legal…
Key Decision Of The Cabinet Revealed By Minister Uttam
Hyderabad, June 18 (Maxim News): Minister for Irrigation Uttam Kumar Reddy has announced that a decision has been taken to release Rythu Bharosa funds during the monsoon season. CM Revanth Reddy said that he will release the Rythu Bharosa funds at a public meeting to be held in Madhira on June 30th. A cabinet meeting…
Heavy Rain Likely In Telangana And AP
Heavy Rain | Hyderabad, june 18 (Maxim News): After a weak start this season, the southwest monsoon is expected to become more active across Andhra Pradesh and Telangana in the coming days. Weather officials have forecast increased rainfall and thunderstorms in several districts over the next four to five days. Here To Join Us On…
Telegram Has as Become A Major Platform For Illegal Activities And Cybercrime: Centre To SC
Delhi/Hyderabad, June 18 (Maxim News): The central government has said that the popular messaging platform Telegram has become a major platform for illegal activities and cybercrimes. It has expressed concern that Telegram has transformed into a new ‘dark web’ these days and is being widely used by criminals, cyber fraudsters and terrorist groups to evade…
Maharashtra Police Provided Y-Plus Security To Six Rebel Sena (UBT) MPs
Mumbai/Hyderabad, june 18 (Maxim News): The Maharashtra Police has accorded ‘Y-Plus’ security cover to six ‘rebel’ MPs of the Shiv Sena (UBT). Here To Join Us On WhatsApp A letter signed by Shirish Jain, Commissioner of Intelligence, said security has been accorded to Sanjay Dina Patil (Mumbai-Northeast), Sanjay Deshmukh (Yavatmal-Washim), Sanjay Jadhav (Parbhani), Bhausaheb Wakchaure…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter, and Instagram. For all the latest Hyderabad News updates
