India Advances Residential Solar with PM Surya Ghar Scheme

22 Jul 2024 CW Team

India is making significant strides with its residential solar rooftop initiative, the PM Surya Ghar scheme. Launched to boost solar energy adoption among homeowners, this scheme has gained momentum, reflecting the country's commitment to expanding its renewable energy footprint.

The PM Surya Ghar scheme aims to install solar panels on residential rooftops across India, promoting cleaner energy and reducing dependence on fossil fuels. The initiative is part of the government?s broader efforts to achieve its renewable energy targets and address climate change.

Recent data indicates a marked increase in the number of installations under the scheme, with thousands of households already benefiting from solar power. The program offers various incentives, including subsidies and low-interest loans, to make solar energy more accessible to average homeowners.

Government officials report that the scheme has successfully mobilized significant investment from both public and private sectors. They highlight the scheme?s role in creating job opportunities within the solar industry and contributing to the national grid's sustainability.

The success of the PM Surya Ghar scheme is seen as a positive step towards India's goal of generating 50% of its electricity from renewable sources by 2030. As the program continues to expand, it is expected to play a crucial role in reducing carbon emissions and fostering a greener energy landscape in the country.

Overall, the PM Surya Ghar initiative represents a key component of India?s renewable energy strategy, combining environmental benefits with economic and social advancements.

Real Estate

17 Sep 2025

Indian REITs Offer 6-7.5 per cent Yield, Surpassing Many Global Markets

Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6–7.5 per cent for unitholders, outperforming many mature markets, including the US, according to a report by Credai and Anarock.Credai, the apex body of Indian real estate developers, and property consultant Anarock released the report Indian REITs – A Gateway to Institutional Real Estate at an event in India.Currently, India has five listed REITs – Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Nexus Select Trust pr..

Insolation Energy Wins 226 MW Solar Projects Under PM-KUSUM

Insolation Energy on Monday announced securing multiple solar projects totalling 226.45 MW, with an investment of Rs 7.5 billion, under the PM-KUSUM scheme. The orders were awarded to its wholly-owned subsidiary, Insolation Green Energy Pvt Ltd, by Jaipur Vidyut Vitran Nigam Limited for 20 sites and Ajmer Vidyut Vitran Nigam Limited for 115 sites, the company informed the exchanges.“The combined SPV solar power plants will total 226.45 MW under PM-KUSUM Component A, with the final levelised tariff at Rs 3.04 per unit for 16 sites, Rs 2.82 per unit for 5 sites, Rs 2.75 per unit for 53 sites, ..

Numaligarh Refinery Awards EPC Contract for Rooftop Solar Projects

State-owned Numaligarh Refinery Ltd. (NRL) has awarded a Letter of Award to Solarium Green Energy Ltd. for the rate contract covering the Engineering, Procurement, and Construction (EPC) of grid-connected rooftop solar PV projects at various locations. The projects fall within the categories of 51–200 kW and 201–1000 kW. Notable projects include a 140 kW rooftop solar plant at NRL Assam, a 760 kW plant at NRL Assam, and a 280 kW plant at NRL West Bengal.The supply order covers ex-manufacturing works and the dispatch price for plant and equipment for the 140 kW, 760 kW, and 280 kW rooftop s..