Rs.240 Bn Approval for Tribal Solar Electrification

10 Jan 2024 CW Team

The Central government has granted approval for a significant ?240 billion allocation towards the Tribal Solar Electrification Scheme under the Ministry of New & Renewable Energy. This substantial financial commitment aims to accelerate solar electrification in tribal areas, fostering sustainable development and bridging the energy gap in these regions.

The Tribal Solar Electrification Scheme focuses on providing clean and reliable solar energy solutions to tribal communities across the country. The infusion reflects the government's commitment to promoting renewable energy adoption, especially in marginalised and remote areas.

The funding is expected to support the implementation of solar electrification projects, bringing electricity to tribal households and community spaces. By harnessing the power of solar energy, the initiative not only addresses energy accessibility but also contributes to environmental conservation and reduces dependence on conventional energy sources.

The scheme aligns with the broader national agenda of expanding renewable energy infrastructure and promoting sustainable practices. The emphasis on tribal areas underscores the government's commitment to inclusive development, ensuring that even remote communities benefit from the country's renewable energy push.

As the government paves the way for the implementation of the Tribal Solar Electrification Scheme, it marks a significant step towards enhancing the quality of life for tribal communities. The allocation of funds is poised to catalyse positive socio-economic changes, providing clean energy access and fostering empowerment within tribal regions.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..