{"id":78884,"date":"2026-07-10T18:09:00","date_gmt":"2026-07-10T12:39:00","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=78884"},"modified":"2026-07-10T18:10:20","modified_gmt":"2026-07-10T12:40:20","slug":"world-bank-rooftop-solar-india","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/10-07-2026\/world-bank-rooftop-solar-india","title":{"rendered":"World Bank Approves $890 Million For India\u2019s Rooftop Solar Programme\u00a0"},"content":{"rendered":"\n<p><strong>Syllabus: GS3\/Environment<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Context<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Recently, the World Bank has approved a financing package of USD 890 million to support India&#8217;s national rooftop solar programme under the <strong>PM Surya Ghar: Muft Bijli Yojana<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Rooftop Solar Programme in India<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.nextias.com\/ca\/current-affairs\/09-04-2026\/rooftop-solar-incentive\"><strong>PM Surya Ghar: Muft Bijli Yojana (2024):<\/strong><\/a> It aims at making rooftop solar accessible to households while promoting clean energy and energy security.\n<ul class=\"wp-block-list\">\n<li><strong>Key Features <\/strong>are Central Financial Assistance (CFA) for residential consumers; collateral-free financing through banks; national online portal for registration and subsidy; vendor empanelment and quality assurance; net metering support; and capacity building for DISCOMs and financial institutions.<\/li>\n\n\n\n<li>It aims to:\n<ul class=\"wp-block-list\">\n<li>Install rooftop solar in <strong>1 crore (10 million) households<\/strong>.<\/li>\n\n\n\n<li>Reduce household electricity bills.<\/li>\n\n\n\n<li>Boost domestic manufacturing \u2013 Make in India<\/li>\n\n\n\n<li>Promote decentralised renewable energy generation.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why is World Bank Support Important?<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Support &amp; Accelerate India\u2019s Clean Energy Transition: <\/strong>The financing supports India\u2019s transition to decentralised renewable energy by scaling residential rooftop solar.<\/li>\n\n\n\n<li><strong>Supports Climate Commitments:<\/strong> It aids India\u2019s goals of <strong>Net Zero emissions by 2070;<\/strong> and <strong>60% non-fossil electricity generation by 2035.<\/strong><\/li>\n\n\n\n<li><strong>Unlocks Private Investment: <\/strong>It reduces reliance on public funds and expands access to affordable credit <strong>by leveraging $4.2 billion in private financing.<\/strong><\/li>\n\n\n\n<li><strong>Reduces Financial Barriers:<\/strong> Collateral-free loans and improved financing mechanisms make rooftop solar accessible to middle and lower-income households.<\/li>\n\n\n\n<li><strong>Strengthens Institutions:<\/strong> The programme builds capacity DISCOMs, banks, vendors and installation agencies.\n<ul class=\"wp-block-list\">\n<li>This improves service delivery and consumer confidence.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Job Creation:<\/strong> The initiative is projected to generate 1.7 million jobs, especially in the manufacturing, installation, maintenance and allied services sectors.<\/li>\n\n\n\n<li><strong>Builds upon Long-Term Partnership:<\/strong> The World Bank has been supporting India\u2019s rooftop solar sector for over a decade:\n<ul class=\"wp-block-list\">\n<li><strong>2016: <\/strong>$648 million for the Grid-Connected Rooftop Solar Programme (main consumers are commercial and industrial)<\/li>\n\n\n\n<li><strong>2022: $<\/strong>165 million more to enter the residential market.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>With the help of the cumulative support, the installed rooftop solar capacity has increased from about 500 MW to over 27 GW.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Challenges of Rooftop Solar Sector in India<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>High upfront installation costs<\/strong> (even with subsidies).<\/li>\n\n\n\n<li>State-to-state net <strong>metering policies are inconsistent.<\/strong><\/li>\n\n\n\n<li>Financial stress and capacity constraints of DISCOMs.<\/li>\n\n\n\n<li><strong>Grid integration and distribution infrastructure issues <\/strong>as rooftop capacity increases.<\/li>\n\n\n\n<li>Low awareness among consumers in many markets.<\/li>\n\n\n\n<li><strong>Shortage of skilled technicians<\/strong> in some areas<\/li>\n\n\n\n<li>Quality control issues for equipment and installation.<\/li>\n\n\n\n<li>Lack of affordable credit for low-income households.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Way Forward: Fully Exploiting PM Surya Ghar<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Release of subsidy through digital platform in time.<\/li>\n\n\n\n<li>Provide cheap and collateral-free credit.<\/li>\n\n\n\n<li>Standardise net metering regulations across states.<\/li>\n\n\n\n<li>Strengthen DISCOM financial and technical capacity.<\/li>\n\n\n\n<li>Promote local manufacturing of solar modules, inverters and storage systems under Production Linked Incentive (PLI) scheme.<\/li>\n\n\n\n<li>Invest in skill development of installation and maintenance personnel.<\/li>\n\n\n\n<li>Increase awareness campaigns to improve participation from households.<\/li>\n\n\n\n<li>Combine rooftop solar with battery storage and smart grids for greater reliability.<\/li>\n\n\n\n<li>Promote increased private sector participation through innovative financing and risk-sharing mechanisms.<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/www.aninews.in\/news\/business\/world-bank-supports-indias-rooftop-solar-programme-to-boost-clean-energy20260710134812\/\" target=\"_blank\" rel=\"noopener\">Source: ANI News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong> Context <\/strong><\/p>\n<li class=\"ms-5\"> Recently, the World Bank has approved a financing package of USD 890 million to support India&#8217;s national rooftop solar programme under the PM Surya Ghar: Muft Bijli Yojana. <\/li>\n<p><\/p>\n<p><strong> Rooftop Solar Programme in India <\/strong><\/p>\n<li class=\"ms-5\"> PM Surya Ghar: Muft Bijli Yojana (2024): It aims at making rooftop solar accessible to households while promoting clean energy and energy security. <\/li>\n<li class=\"ms-5\"> Key Features are Central Financial Assistance (CFA) for residential consumers; collateral-free financing through banks; national online portal for registration and subsidy; vendor empanelment and quality assurance; net metering support; and capacity building for DISCOMs and financial institutions. <\/li>\n<p><a href=\" https:\/\/www.nextias.com\/ca\/current-affairs\/10-07-2026\/world-bank-rooftop-solar-india \" class=\"btn btn-primary btn-sm float-end\">Read More<\/a><\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-78884","post","type-post","status-publish","format-standard","hentry","category-current-affairs"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/78884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=78884"}],"version-history":[{"count":3,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/78884\/revisions"}],"predecessor-version":[{"id":78887,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/78884\/revisions\/78887"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=78884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=78884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=78884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}