Solar Scheme Helps 2,448 Power Consumers to Turn Self-Reliant
POWER & RENEWABLE ENERGY

Solar Scheme Helps 2,448 Power Consumers to Turn Self-Reliant

The popularity of household solar projects in the state has gone through the roof, so much so that MSEDCL will no longer need to purchase short-term power from outside sources, according to govt officials. A central scheme that provides a subsidy of up to 60% for installation of solar panels in households has played a large part in hitting this milestone. Of the 13,831 applications from MMR for PM Surya Ghar: Muft Bijli Yojana, 2,448 households have started receiving free electricity. MSEDCL’s recent announcement of free solar net meters for rooftop panels has also got many consumers to make the switch to this green energy.

The popularity of household solar projects in the state has gone through the roof, so much so that MSEDCL will no longer need to purchase short-term power from outside sources, according to govt officials. A central scheme that provides a subsidy of up to 60% for installation of solar panels in households has played a large part in hitting this milestone. Of the 13,831 applications from MMR for PM Surya Ghar: Muft Bijli Yojana, 2,448 households have started receiving free electricity. MSEDCL’s recent announcement of free solar net meters for rooftop panels has also got many consumers to make the switch to this green energy.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?