PM Surya Ghar Mission Directorate to boost rooftop solar adoption

05 Jun 2024 CW Team

The Government of India, under the Ministry of New and Renewable Energy, has officially established a Mission Directorate to oversee the implementation of the ?PM Surya Ghar: Muft Bijli Yojana?, an ambitious initiative aimed at installing rooftop solar plants in 10 million households. This significant development was confirmed through a recent office memorandum issued on May 29, 2024. The PM Surya Ghar: Muft Bijli Yojana, which received administrative approval on February 29, 2024, involves a substantial financial outlay of Rs. 750.21 billion. This initiative forms part of the government's broader strategy to enhance the adoption of renewable energy across the nation and is scheduled to commence operations in March 2024.

The newly established Mission Directorate, operating within the Ministry?s Rooftop Solar Division, will be led by a Mission Director who will be responsible for the day-to-day management and strategic implementation of the scheme. This includes issuing detailed guidelines, coordinating with state and national program implementation agencies, and overseeing financial management and resource distribution necessary for the scheme's success. Furthermore, the Directorate is tasked with ensuring effective coordination among various stakeholders, including state governments and private agencies, to facilitate smooth and efficient implementation. Regular monitoring and evaluation of the scheme's progress are also mandated to align with the set objectives.

The establishment of the Mission Directorate marks a crucial step in realising India?s renewable energy goals and underscores the government's commitment to increasing the nation's energy security and reducing dependency on non-renewable sources through sustainable practices. (Source: ET Energy)

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..