Maharashtra Raises Net Metering Cap for Rooftop Solar to 5 MW, Boosting Renewable Energy Growth

22 Nov 2023 CW Team

In a significant move, Maharashtra has increased the net metering cap for rooftop solar installations to 5 MW, marking a substantial stride towards promoting renewable energy within the state. The decision is poised to encourage widespread adoption of rooftop solar systems, fostering sustainable energy practices and reducing dependence on conventional power sources. This revision in the net metering limit aligns with Maharashtra's commitment to meeting its renewable energy targets and addressing environmental concerns. The raised cap signifies a proactive approach towards harnessing solar power's potential and facilitating cleaner and more sustainable energy solutions. This regulatory adjustment is expected to stimulate investments in the solar sector, driving economic growth while contributing to the state's renewable energy portfolio. Key stakeholders, including solar developers, businesses, and environmentally conscious consumers, stand to benefit from this progressive policy shift.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..