New Delhi, Oct 14 (PTI) India has added around 4.9 GW of residential rooftop solar capacity under the Pradhan Mantri Surya Ghar Yojana (PMSGY) and over 57.9 lakh installation applications have been submitted as of July this year, a report released on Tuesday said.

The report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics, however, noted that despite a near four-fold increase in applications between March 2024 and July 2025, only 13.1 per cent of the target of 1 crore installations has been met.

Moreover, just 14.1 per cent of the allocated Rs 65,700 crore (USD 7.5 billion) in subsidies have been released till July 2025.

Given this context, achieving the FY2027 target of 30GW capacity continues to be seen as a considerable challenge.

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