Pradhan Mantri Surya Sarovar Yojana (PM-SSY)
Environment / Energy · Saturday, 1 August 2026
The Cabinet approved PM-SSY with ₹5,070 crore outlay to expand floating solar capacity by 5,000 MW with 10,000 MWh storage. The scheme aims to reduce land conflicts and enhance renewable reliability.
Quick highlights
- Outlay: ₹5,070 crore.
- Target: 5,000 MW floating solar + 10,000 MWh storage.
- Nodal Ministry: MNRE; Implementing Agency: SECI.
- ₹1 crore per MW CFA support.
Context
Cabinet approved PM-SSY to promote floating solar projects co-located with battery storage.
Key Facts
Targets expansion from ~700 MW to 5,700 MW by FY 2030–31; includes ESS with minimum 2-hour storage and project de-risking grants.
Significance
Reduces land acquisition pressures, lowers water evaporation, cuts nearly 10 million tonnes CO2 annually, and generates employment.
Challenges / Way Forward
Higher capital costs compared to ground-mounted solar; need for ecological assessments and domestic manufacturing capacity.
Exam Angle
Prelims: Floating Solar PV, MNRE, SECI. Mains: Renewable integration and energy storage.
Remember this
- 5,000 MW new floating solar target.
- 10,000 MWh storage capacity.
- ₹1 crore/MW CFA.
- MNRE nodal ministry.