Cabinet Approves Pradhan Mantri Surya Sarovar Yojana

Current Context: On 31 July 2026, the Union Cabinet approved the Pradhan Mantri Surya Sarovar Yojana (PM-SSY) with an outlay of ₹5,070 crore.

• The scheme aims to develop 5,000 MW of Floating Solar Photovoltaic projects on reservoirs, ponds and other suitable water bodies.
• The projects will include energy-storage systems with a minimum capacity of two hours, equivalent to 10,000 MWh.
• Projects will be approved from 2026–27 to 2030–31, while financial assistance may continue until 2032–33.
• Eligible projects will receive Central Financial Assistance of ₹1 crore per MW after successful commissioning.
• Up to ₹50 lakh per project will also be provided for feasibility studies and environmental assessments.
• The scheme will reduce land requirements, improve grid reliability and utilise existing reservoirs and industrial ponds.
• It is expected to reduce nearly 10 million tonnes of carbon dioxide emissions annually and create around 16,000–17,000 jobs.

Question: 

Q1.What is the total floating solar capacity targeted under the Pradhan Mantri Surya Sarovar Yojana?
a) 2,000 MW
b) 3,500 MW
c) 5,000 MW
d) 10,000 MW

Answer: c) The scheme aims to develop 5,000 MW of floating solar photovoltaic capacity along with energy-storage systems on suitable water bodies.