New Payment Models Introduced for PM-Surya Ghar Solar Scheme

16 Jan 2025 CW Team

The Ministry of New & Renewable Energy has announced updated guidelines under the PM-Surya Ghar: Muft Bijli Yojana, introducing two additional payment models for the installation of rooftop solar systems. The move aims to ensure payment security and streamline subsidy grants for households adopting solar energy.

The new models include the Renewable Energy Service Company (RESCO) and utility-led aggregation (ULA) approaches. These alternatives complement the existing consumer-driven capex mode available through the national portal.

According to an official statement, Rs 1 billion has been allocated for a Payment Security Mechanism (PSM) to mitigate risks associated with investments in RESCO-based grid-connected rooftop solar installations in the residential sector. This fund may be supplemented with additional grants and sources upon approval.

Key features

RESCO Model: In this setup, third-party entities fund rooftop solar installations, allowing consumers to pay only for the electricity consumed without bearing upfront costs.
Utility-Led Aggregation Model: Power distribution companies or state-designated entities install rooftop solar systems on behalf of individual households, simplifying adoption for end-users.

The ministry emphasised that these new implementation methods will enhance the program’s reach and effectiveness while ensuring seamless integration with the national portal-based capex approach.

This initiative underscores the government’s commitment to accelerating rooftop solar adoption in residential sectors and advancing India’s renewable energy goals.

(Business Standard)

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..