Uttarakhand Extends Solar tariff for MSSY projects

18 Aug 2023 CW Team

Uttarakhand continues generic solar tariff for Mukhyamantri Saur Swarojgar Yojna (MSSY) projects The Uttarakhand Electricity Regulatory Commission (UERC) has decided to extend the current generic tariff of Rs 4.64 (~$0.55)/kWh for solar projects under the Mukhyamantri Saur Swarojgar Yojna (MSSY) for the fiscal year 2023-24. This tariff will remain in effect for three years, concluding on March 31, 2026. The MSSY program was initiated with the aim of allocating 10,000 small solar power projects, each with capacities of 20/25 kW. As of March 2023, a total of 150 such projects, cumulatively amounting to around 3.5 MW, have been successfully commissioned. The primary objective of the MSSY initiative is to foster self-employment through solar farming, thereby addressing the resource constraints faced by local residents and farmers. This program empowers small-scale farmers to set up solar power installations on unused or barren lands, subsequently allowing them to sell the generated electricity to the Uttarakhand Power Corporation (UPCL).

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

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Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..