Tata Power Launches Pay-as-You-Save Rooftop Solar Scheme For Punjab

10 Jul 2026 CW Team

The financing model allows businesses to repay system costs through affordable monthly EMIs or lease rentals that are linked to projected savings from solar generation, aligning repayments with expected energy output to support cash flow. The scheme offers access to the SunSmart Flexi EMI programme, which provides collateral-free financing, competitive interest rates, flexible repayment tenures and a fully digital approval process. This structure is designed to reduce financial strain while supporting the transition to cleaner energy sources.

Punjab hosts major industries such as textiles, bicycle manufacturing, engineering goods, auto components, foundries, food processing and agricultural equipment, many of which are energy intensive. TPREL said the initiative aims to help these sectors manage rising electricity costs, improve operational efficiency and meet corporate sustainability goals through renewable adoption. The company also noted an existing presence in the state with 6,661 rooftop solar installations to date.

Alongside the financing proposal, TPREL showcased its Battery Energy Storage Systems (BESS) portfolio under the Tata Power Battery Storage brand, describing storage options that span from five kilowatt hour (kWh) to 50 megawatt hour (MWh) for residential and commercial applications. The company presented the integrated offer as a means to enhance energy resilience, enable better load management and capture more of the value from onsite generation. The initiative is intended to support longer term decarbonisation and better cost predictability for industrial and commercial consumers.

Tata Power Renewable Energy Limited (TPREL) has launched a Pay-as-You-Save rooftop solar scheme in Ludhiana that enables commercial and industrial consumers across Punjab to install systems without any upfront capital investment. The move is part of TPREL's Sustainable Edge initiative and is intended to accelerate rooftop adoption by removing high initial cost barriers. The company plans to install 200 megawatt (MW) of rooftop solar capacity across Punjab's commercial and industrial segment over the next three years. The financing model allows businesses to repay system costs through affordable monthly EMIs or lease rentals that are linked to projected savings from solar generation, aligning repayments with expected energy output to support cash flow. The scheme offers access to the SunSmart Flexi EMI programme, which provides collateral-free financing, competitive interest rates, flexible repayment tenures and a fully digital approval process. This structure is designed to reduce financial strain while supporting the transition to cleaner energy sources. Punjab hosts major industries such as textiles, bicycle manufacturing, engineering goods, auto components, foundries, food processing and agricultural equipment, many of which are energy intensive. TPREL said the initiative aims to help these sectors manage rising electricity costs, improve operational efficiency and meet corporate sustainability goals through renewable adoption. The company also noted an existing presence in the state with 6,661 rooftop solar installations to date. Alongside the financing proposal, TPREL showcased its Battery Energy Storage Systems (BESS) portfolio under the Tata Power Battery Storage brand, describing storage options that span from five kilowatt hour (kWh) to 50 megawatt hour (MWh) for residential and commercial applications. The company presented the integrated offer as a means to enhance energy resilience, enable better load management and capture more of the value from onsite generation. The initiative is intended to support longer term decarbonisation and better cost predictability for industrial and commercial consumers.

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

Infrastructure Urban

07 Aug 2026

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Infrastructure Transport

07 Aug 2026

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..