# India floating solar expansion > Live situation record from CLSTR: https://clstr.news/situations/india-floating-solar-expansion > Updated: 2026-08-03T10:02:48.000Z. Sources: 10. Developments: 2. In late July 2026 the Indian Union Cabinet, led by Prime Minister Narendra Modi, approved the Pradhan Mantri Surya Sarovar Yojana (PM‑SSY) with a budget of ₹5,070 crore to develop 5 GW of floating solar photovoltaic capacity on reservoirs and other water bodies, each paired with at least two‑hour storage (10,000 MWh total). The scheme provides central assistance of ₹1 crore per MW installed and up to ₹50 lakh per project for feasibility studies, aiming to raise India's floating‑solar capacity from roughly 700 MW to about 5,700 MW, cut annual CO₂ emissions by 10 million tonnes and create 16,000‑17,000 jobs. By early August 2026 the programme moved into implementation. Bihar’s state government announced a plan to establish a Model Solar Village in every district under the Pradhan Mantri Surya Ghar scheme, issuing a tender for consultancy to prepare detailed project reports covering rooftop, community, and storage‑integrated solar solutions. The same central floating‑solar programme was reiterated, confirming the financial incentives and storage requirements. These steps illustrate the transition from cabinet approval to state‑level rollout and the broader push to make rural areas energy‑self‑sufficient while scaling up floating solar infrastructure nationwide. ## Timeline ### 2026-08-03: India Launches Model Solar Villages and 5 GW Floating Scheme India's Bihar state plans solar villages in every district under PM Surya Ghar, while the Union Cabinet approved a 5 GW floating solar scheme with storage under PM‑SSY, offering financial aid and creating up to 3 sources. https://clstr.news/cluster/india-launches-model-solar-villages-and-5-gw-floating-scheme ### 2026-07-31: India approves ₹5,070 crore PM Surya Sarovar Yojana for 5 GW floating solar projects India's cabinet approved the ₹5,070 crore PM Surya Sarovar Yojana to add 5 GW of floating solar with storage, aiming to cut 10 Mt CO₂ yearly and create ~16‑17 k jobs. 8 sources. https://clstr.news/cluster/india-approves-rs-5070-crore-floating-solar-power-scheme --- Cite as: India floating solar expansion. CLSTR, https://clstr.news/situations/india-floating-solar-expansion