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ADB USD 850 Million Loan for PM Surya Ghar Rooftop Solar

30 July 20261 min read
ECONOMYADB USD 850Million Loan forPM Surya GharRooftop Solar30 July 2026safalsetu.com

Why in the news

The Asian Development Bank backed India’s rooftop solar push with a large loan tied to a programme-based approach.

Key facts

  • Lender: Asian Development Bank (ADB); amount: USD 850 million.
  • Programme: ADB’s rooftop solar programme, Subprogram 2.
  • Supports: PM Surya Ghar scheme (PMSG-MBY).
  • Targets: 30 GW rooftop capacity by FY27 and 28.8 million tonnes less CO₂.

Quick revision

  • Purpose: broaden access to affordable solar energy.
  • This is the second subprogram of the ADB rooftop solar programme.

Exam angle

  • Lender and amount: ADB, USD 850 million.
  • Scheme: PM Surya Ghar: Muft Bijli Yojana.
  • Targets: 30 GW by FY27; 28.8 million tonnes CO₂ reduction.

Test yourself

1. How much did the ADB approve for PM Surya Ghar: Muft Bijli Yojana under Subprogram 2?

ADB approved a USD 850 million loan.

2. What rooftop solar capacity target by FY27 is the ADB funding aimed at?

The funding aims at 30 GW of rooftop solar by FY27.

3. How much CO₂ reduction does the ADB-backed rooftop solar programme aim for?

The target is a cut of 28.8 million tonnes of CO₂.

This topic is part of Daily Current Affairs 30 July 2026 (23 topics).

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