MNRE sets guidelines for real estate developers to avail CFA under PM Surya Ghar

The Ministry of New and Renewable Energy (MNRE) has set specific terms for real estate developers and promoters to avail Central Financial Assistance (CFA) under the PM Surya Ghar: Muft Bijli Yojana (PMSGY).

According to the new guidelines, developers and promoters must submit an undertaking confirming that the rooftop solar asset, supported under the PMSGY, will be handed over to the group housing society or residential welfare association. Additionally, the developers must ensure that the benefits from the rooftop solar subsidy are passed on to the residents through reduced charges or tariffs for electricity used in common facilities within housing complexes.