PM Surya Ghar Yojana: Rooftop solar capacity rose over 50% in 6 months

05 Nov 2024 CW Team

India’s PM Surya Ghar: Muft Bijli Yojana has recorded a remarkable increase of over 50% in rooftop solar capacity within six months of its launch, according to a recent report. The Union government approved the scheme on February 29 with a budget of Rs 750.21 billion, aiming to expand solar rooftop capacity and enable residential households to generate their own electricity.

Minister of New and Renewable Energy Pralhad Joshi announced that around 400,000 rooftop solar connections have been installed so far, adding 1.8 gigawatts (GW) of new capacity. As of March, India’s total residential solar rooftop capacity reached 3.2 GW, with overall installed capacity at 11.9 GW, 60% of which serves commercial and industrial users.

To encourage adoption, the government has raised the subsidy on rooftop solar modules to 60% and is offering loans at a 7% interest rate. The scheme is expected to drive residential solar capacity to 30 GW by 2027, contributing significantly to India’s renewable energy goals and net-zero targets.

(ET)

Infrastructure Urban

09 Mar 2026

Flender Inaugurates Wind Gearbox Test Rig In Chennai

Chennai, 6 March 2026: Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the installation of the largest test rig of its kind in India. The facility was inaugurated on 5 March in the presence of Andreas Evertz, CEO, Flender Group; Lars Wiegemann, Vice President – Wind Gears; and Vinod Shetty, CEO, Flender India.The test rig has been developed to support testing and validation of wind turbine gearboxes, strengthening the company’s capabilities in the renewable energy sector. The commissioning was completed within three months thr..

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..