Of the 5.15 lakh registrations to 'PM-Surya Ghar: Muft Bijli Yojana' scheme from Bengaluru , 1.17 lakh applicants have been accepted, said Bangalore Electricity Supply Company (BESCOM) Managing Director Mahantesh Bilagi.
Bilagi shared this information at a workshop organised by BESCOM to encourage the adoption of the central government scheme. The workshop, held on December 7 at Karnataka Power Transmission Corporation Ltd (KPTCL), saw the representatives of Resident Welfare Associations (RWAs) from across the city, Bangalore Apartments' Federation (BAF) as well as solar rooftop vendors and other stakeholders discuss the various hurdles faced while executing the scheme. "We want to promote the use of solar energy in households across the state, thereby reducing our dependence on conventional energy sources and contributing to our national renewable energy targets ," added Bilagi.
According to him, 353 private vendors have registered in MNRE portal to execute the scheme. Web Development Intermediate Java Mastery: Method, Collections, and Beyond By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Science MySQL for Beginners: Learn Data Science and Analytics Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development C++ Fundamentals for Absolute Beginners By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Crypto & NFT Mastery: From Basics to Advanced By - CA Raj K Agrawal, Chartered Accountant View Program Marketing Modern Marketing Masterclass by Seth Godin By - Seth Godin, Former dot com Business Executive and Best Selling Author View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Artificial Intelligence(AI) ChatGPT Mastery from Zero to Hero: The Complete AI Course By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Web Development Advanced C++ Mastery: OOPs and Template Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship From Idea to Product: A Startup Development Guide By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Microsoft Word Mastery: From Beginner to Expert By - CA Raj K Agrawal, Chartered Accountant View Program Data Analysis Animated Visualizations with Flourish Studio: Beginner to Pro By - Prince Patni, Software Developer (BI, Data Science) View Program Finance Value and Valuation Masterclass By - CA Himanshu Jain, Ex McKinsey, Moody's, and PwC, Co - founder, The WallStreet School View Program Entrepreneurship Startup Fundraising: Essential Tactics for Securing Capital By - Dr.
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Answering a question, the SLBC representatives said the banks have fixed the age limit at 65 years for availing loans under the scheme. But he clarified that a consumer above 65 years old can avail the loan by adding family members as co-borrowers. SLBC representatives also assured those gathered that banks will not ask for any collateral security to avail the loan.
However, BAF representatives pointed out that the banks categorised the apartment complexes seeking loans as MSMEs, although they are not. SLBC representatives said they were forced to do that as the Ministry of New and Renewable Energy (MNRE) has not issued specific guidelines so far to lending to apartment complexes as a whole. According to Bilagi, with a total outlay of Rs 750 billion for a period until 2025-26, 'PM-Surya Ghar: Muft Bijli Yojana' aims to provide free electricity up to 300 units monthly to 10 million households across the country.
He added that the scheme received an overwhelming response, with over 10 million registrations within a month of its launch in February 2024 and 6.3 lakh installations have been completed in nine months. Nominations for ET MSME Awards are now open.
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Of 5.15 lakh registration for PM-Surya Ghar, 1.17 lakh applications accepted: says BESCOM official
BESCOM's MD, Mahantesh Bilagi, announced that out of 5.15 lakh Bengaluru registrations for the 'PM-Surya Ghar' scheme, 1.17 lakh were accepted. A workshop addressed implementation hurdles, including loan access for applicants over 65 and apartment complexes. The scheme aims to provide free electricity to 10 million households, achieving 6.3 lakh installations within nine months of its February 2024 launch.