Budget 2024: FM announces 300 units free power for homes with rooftop solar panels

Updated : Feb 01, 2024 16:16
|
Editorji News Desk

In an attempt to speed up transition to renewable energy, Finance Minister Nirmala Sitharaman promised 300 units of free electricity for houses that have set up solar panels on their rooftops. 

Remember Prime Minister Narendra Modi, last month, announced a Pradhan Mantri Suryoday Yojna, a scheme to install rooftop solar systems in one crore houses.

The scheme, he said, will not only reduce the electricity bill of the poor and the middle class but will also make India self-reliant in the energy sector.

Also Read: Interim Budget 2024: Railways and Airport expansion, development to continue expeditiously, FM

Budget 2024

Recommended For You

editorji | Business

Sensex falls 429 points, Nifty slips 173 points after RBI rate hike

editorji | Business

RBI raises repo rate by 25 bps to 5.50%, shifts policy towards tightening

editorji | Business

GST rates likely unchanged as 57th Council meeting focuses on reforms

editorji | Business

Sensex gains 685 points, Nifty rises 220 points to cross 22,700

editorji | Business

Sensex gains 473 points, Nifty rises 134 points as markets stage recovery