PRIs promote PM-Surya Ghar: Muft Bijli Yojana for incentives

10 Jul 2024 CW Team

In a letter dated 8 July, Additional Secretary of the Panchayati Raj Ministry, Chandra Shekhar Kumar, asked state departments to disseminate the operational guidelines of the scheme, which was launched in February 2024. This initiative aims to install rooftop solar panels and provide free electricity up to 300 units per month for 10 million households. Kumar emphasised the need for necessary actions to involve PRIs, state Panchayati Raj departments, and other stakeholders actively in the scheme's implementation.

The scheme, approved by the Centre, is designed to increase solar rooftop capacity and empower residential households to generate their own electricity. With an outlay of Rs 750.21 billion, it will be implemented until FY 2026-27. It offers a central financial assistance (CFA) of 60% of the system cost for 2 kW systems and 40% of additional system cost for systems between 2 kW and 3 kW, with the CFA capped at 3 kW. At current benchmark prices, this translates to a subsidy of Rs 30,000 for a 1 kW system, Rs 60,000 for a 2 kW system, and Rs 78,000 for a 3 kW system or higher.

The scheme also includes a Rs 8 billion budget to develop a 'model village' in each district for the adoption of rooftop solar in rural areas and a Rs 10 billion allocation to incentivise local bodies to promote rooftop solar installations. The guidelines provide an option for beneficiaries to forgo the subsidy, which can be availed through the PM Surya Ghar National Portal.

The Additional Secretary highlighted that the scheme would help PRIs promote clean energy adoption in rural areas and create a new revenue source for these institutions. The Centre's approval of this scheme underscores its commitment to increasing the share of solar energy in the national grid and empowering residential households to become energy self-sufficient.

(Source: PTI & ET)

The Centre has announced incentives for Panchayati Raj Institutions (PRIs) to promote rooftop solar installations in rural communities under the PM-Surya Ghar: Muft Bijli Yojana. The Panchayati Raj Ministry has urged states to ensure the successful implementation of this scheme. In a letter dated 8 July, Additional Secretary of the Panchayati Raj Ministry, Chandra Shekhar Kumar, asked state departments to disseminate the operational guidelines of the scheme, which was launched in February 2024. This initiative aims to install rooftop solar panels and provide free electricity up to 300 units per month for 10 million households. Kumar emphasised the need for necessary actions to involve PRIs, state Panchayati Raj departments, and other stakeholders actively in the scheme's implementation. The scheme, approved by the Centre, is designed to increase solar rooftop capacity and empower residential households to generate their own electricity. With an outlay of Rs 750.21 billion, it will be implemented until FY 2026-27. It offers a central financial assistance (CFA) of 60% of the system cost for 2 kW systems and 40% of additional system cost for systems between 2 kW and 3 kW, with the CFA capped at 3 kW. At current benchmark prices, this translates to a subsidy of Rs 30,000 for a 1 kW system, Rs 60,000 for a 2 kW system, and Rs 78,000 for a 3 kW system or higher. The scheme also includes a Rs 8 billion budget to develop a 'model village' in each district for the adoption of rooftop solar in rural areas and a Rs 10 billion allocation to incentivise local bodies to promote rooftop solar installations. The guidelines provide an option for beneficiaries to forgo the subsidy, which can be availed through the PM Surya Ghar National Portal. The Additional Secretary highlighted that the scheme would help PRIs promote clean energy adoption in rural areas and create a new revenue source for these institutions. The Centre's approval of this scheme underscores its commitment to increasing the share of solar energy in the national grid and empowering residential households to become energy self-sufficient.(Source: PTI & ET)

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..