Ministry of New & Renewable Energy

Key Schemes

PM Surya Ghar (2024)

Subsidy : 40% solar cost
Target : 1 Cr households

PM-KUSUM (2019)

Focus : Solar pumps
Subsidy : 60% + 30% loan
Components : A, B, C

National Green Hydrogen Mission

Target : 5 MMT by 2030
Outlay : ₹19,744 Cr

Solar Rooftop Scheme

Target : 40 GW by 2026
Subsidy : CFA to residential

2024-25 Policy Updates

Offshore Wind Energy Policy (Aug 2024)

Target : 37 GW by 2030
First Auction : 4 GW off Gujarat coast
Viability Gap Funding : ₹7,453 Cr for first 1 GW
Transmission : PGCIL to develop offshore grid

Green Hydrogen Incentive Scheme (SIGHT)

Allocation : ₹17,490 Cr
Production Incentive : ₹50/kg (year 1-3); reducing thereafter
Electrolyser Manufacturing : ₹4,440 Cr (Tranche I)
Awarded Capacity : 1.5 GW to 5 companies

RE Capacity Addition (2024-25)

Solar : 18 GW added (cumulative 91 GW)
Wind : 3.5 GW added (cumulative 47 GW)
Total RE : 203 GW (43.7% of installed capacity)
Tender Pipeline : 100 GW under various stages

Battery Energy Storage Systems

Target : 4,000 MWh by 2025
VGF Scheme : ₹3,760 Cr approved
First Projects : 1,000 MWh awarded
Technology : Li-ion and flow batteries

Decentralized RE Applications

Solar Pumps : 3.5 lakh installed (PM-KUSUM)
Off-grid Solar : 500 MW in remote areas
Biogas Plants : 50,000 household units
Mini-Hydro : 200 MW in hilly regions