๐—ฃ๐—  ๐—ฆ๐˜‚๐—ฟ๐˜†๐—ฎ๐—ด๐—ต๐—ฎ๐—ฟ ๐—ฆ๐—ผ๐—น๐—ฎ๐—ฟ ๐—ฅ๐—ผ๐—ผ๐—ณ๐˜๐—ผ๐—ฝ ๐—ฆ๐—ฐ๐—ต๐—ฒ๐—บ๐—ฒ (PMSG: MBY) grows at a slow pace โ€“ likely to miss the March 2026 and March 2027 targets

๐—ฃ๐—  ๐—ฆ๐˜‚๐—ฟ๐˜†๐—ฎ๐—ด๐—ต๐—ฎ๐—ฟ ๐—ฆ๐—ผ๐—น๐—ฎ๐—ฟ ๐—ฅ๐—ผ๐—ผ๐—ณ๐˜๐—ผ๐—ฝ ๐—ฆ๐—ฐ๐—ต๐—ฒ๐—บ๐—ฒ (PMSG: MBY) grows at a slow pace โ€“ likely to miss the March 2026 and March 2027 targets - Featured Cover Image

๐Ÿฆ  In the two years since launch, PMSG: MBY achieved tremendous success, covering around 2.8 million households and 8.4 GW of installed capacity.

๐Ÿฆ  Budget 2026 increased PMSG: MBY funding byย nearly 29%.

๐Ÿฆ  After a steep decline in November 2025, monthly registrations hit the highest figure of 0.32 million in January 2026, but total registrations were still below the August high of 0.64 million.

๐Ÿฆ  Installed capacity under PMSG: MBY grew at just 4.64% during last month.

๐Ÿ‘‰ To reach the target of 12ย GW capacity and 4 million householdsย by March 2026, an average capacity of 1806 MW per month (against 687.8 MW added in January 2025) and 0.6 millionย households per month (against 0.23 millionย households added in January 2025) would be required.

๐Ÿ‘‰ To reach the target of 30ย GW capacity and 10 millionย householdsย by March 2027, an average capacity of 1544 MWย andย 0.51ย million household coverageย per monthย would be required.

๐—ฃ๐—  ๐—ฆ๐˜‚๐—ฟ๐˜†๐—ฎ๐—ด๐—ต๐—ฎ๐—ฟ ๐—ฆ๐—ผ๐—น๐—ฎ๐—ฟ ๐—ฅ๐—ผ๐—ผ๐—ณ๐˜๐—ผ๐—ฝ ๐—ฆ๐—ฐ๐—ต๐—ฒ๐—บ๐—ฒ (PMSG: MBY) grows at a slow pace โ€“ likely to miss the March 2026 and March 2027 targets - Graphic Illustration 1

โ–ถ๏ธ The government has set an ambitious target of 4 million households coverage by March 2026 and 10 million by March 2027 with cumulative capacity of 30 GW.

โ–ถ๏ธ Against this target,ย 2.84ย million households were covered by Januaryย 2025ย with a cumulative capacity ofย 8389 MW.

Read my post โ€“ Rooftop Solar Applications under PM Suryaghar scheme declined for the first time in November 2025 โ€“ https://lnkd.in/g7SSj322

Also, Read my post onย Challengesย inย RTSย installationsย โ€“ https://lnkd.in/gT3rnKbr.

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