PM inaugurates new renewable projects worth Rs 52 billion
POWER & RENEWABLE ENERGY

PM inaugurates new renewable projects worth Rs 52 billion

Prime Minister Narendra Modi under the “Ujjwal Bharat Ujjwal Bhavishya” launched several schemes and laid the foundation for rooftop solar across the country as well as a national portal for online tracking of installation of rooftop solar plants.

The Prime Minister launched the Ministry of Power’s flagship Revamped Distribution Sector Scheme which is aimed at improving the operational efficiencies and financial sustainability of Distribution Companies. With an outlay of Rs.3 trillion over a period of five years from FY 2021-22 to FY 2025-26, the scheme aims to provide financial assistance to DISCOMs for modernization and strengthening of distribution infrastructure, aiming at improvement of the reliability and quality of supply to end consumers.

The PM also launched the national portal for Rooftop solar, which will enable online tracking of the process of installation of rooftop solar plants, starting from registering the applications to release of subsidy in residential consumers’ ('beneficiaries’) bank account after installation and inspection of the plant. The estimated capacity under the national solar rooftop program is 4000 MW.

During the programme, the Prime Minister also dedicated and laid the foundation stone of various green energy projects of NTPC worth over Rs 52 billion. He inaugurated the 100 MW Ramagundam Floating Solar Project in Telangana and the 92 MW Kayamkulam Floating Solar Project in Kerala. He laid the foundation stone of the 735 MW Nokh Solar Project in Rajasthan, Green Hydrogen Mobility Project in Leh and Kawas Green Hydrogen Blending with Natural Gas project in Gujarat.

Prime Minister Narendra Modi under the “Ujjwal Bharat Ujjwal Bhavishya” launched several schemes and laid the foundation for rooftop solar across the country as well as a national portal for online tracking of installation of rooftop solar plants. The Prime Minister launched the Ministry of Power’s flagship Revamped Distribution Sector Scheme which is aimed at improving the operational efficiencies and financial sustainability of Distribution Companies. With an outlay of Rs.3 trillion over a period of five years from FY 2021-22 to FY 2025-26, the scheme aims to provide financial assistance to DISCOMs for modernization and strengthening of distribution infrastructure, aiming at improvement of the reliability and quality of supply to end consumers. The PM also launched the national portal for Rooftop solar, which will enable online tracking of the process of installation of rooftop solar plants, starting from registering the applications to release of subsidy in residential consumers’ ('beneficiaries’) bank account after installation and inspection of the plant. The estimated capacity under the national solar rooftop program is 4000 MW. During the programme, the Prime Minister also dedicated and laid the foundation stone of various green energy projects of NTPC worth over Rs 52 billion. He inaugurated the 100 MW Ramagundam Floating Solar Project in Telangana and the 92 MW Kayamkulam Floating Solar Project in Kerala. He laid the foundation stone of the 735 MW Nokh Solar Project in Rajasthan, Green Hydrogen Mobility Project in Leh and Kawas Green Hydrogen Blending with Natural Gas project in Gujarat.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement