The World Bank on Thursday approved almost USD 890 million (EUR 779m) in financing to support India's PM Surya Ghar: Muft Bijli Yojana initiative, a national programme seeking to facilitate rooftop solar installations for 10 million rural and urban households.

The multilateral lender will also mobilise an estimated $4.2 billion in private financing through commercial loans to help households install rooftop solar systems.

The financing package for the program includes an $820 million loan