ADB has approved a USD 650 million policy-based loan to support India’s plan to expand rooftop solar and deliver clean, affordable electricity to 10 million households by 2027. The funding is part of Subprogram 1 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program, which is linked to the Pradhan Mantri Surya Ghar…
Servotech Renewable Power System Ltd. has secured a Rs 73.70 crore grid-connected rooftop solar project from the New and Renewable Energy Development Corporation of Andhra Pradesh Ltd. The work falls under the PM Surya Ghar Muft Bijli Yojana and covers the Kavali division. The company will design, engineer, supply, install, test, and commission rooftop solar…
The New and Renewable Energy Development Corporation of Andhra Pradesh has released the allocation results of its 1.2 GW rooftop solar auction under the PM Surya Ghar programme. Twenty two firms secured capacities across several segments. Sree Sai Electronics secured 12.07 MW. VSA Infra Projects secured 13.5 MW. Sunworks Energy secured 13.6 MW. Junna Solar…
Fourth Partner Energy has raised Rs 7.80 billion in refinancing from NIIF Infrastructure Finance Limited (NIIF-IFL) for a major part of its rooftop solar portfolio. The transaction consolidates multiple project sites, off-takers, and regulatory frameworks under a single lender arrangement. The refinancing aims to streamline the company’s capital structure and strengthen its rooftop solar business….
Servotech Renewable Power System Ltd. has received a contract for a 2.58 MW grid-connected rooftop solar project from the South Eastern Railway, Ranchi Division. Under the agreement, Servotech will handle the complete execution of the on-grid rooftop solar PV system, including design, manufacturing, supply, installation, testing, and commissioning across multiple sites in the Ranchi Division….
Crompton Greaves Consumer Electricals Limited has received a rooftop solar order worth Rs 520 million in Telangana, marking its commercial entry into the large-scale rooftop solar segment. The company plans to leverage its distribution network and brand presence to expand in the rooftop solar and solar pump markets. Project sizes in this segment range between…
The Ministry of New and Renewable Energy (MNRE) has issued a detailed payment release procedure for the Utility Led Aggregation (ULA) model under the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY). The Office Memorandum dated October 6, 2025, specifies that Central Financial Assistance (CFA) will be disbursed only after verification of installation and commissioning,…
Maharashtra has rolled out the Swayampurna Maharashtra Residential Roof Top (SMART) Solar Scheme to help low-income households cut their electricity bills. The program focuses on Below Poverty Line (BPL), Scheduled Caste (SC), and Scheduled Tribe (ST) families, while encouraging rooftop solar adoption across the state. Under the scheme, households using less than 100 units a…
The Ministry of New and Renewable Energy (MNRE) has issued two office memoranda dated October 6, 2025, revising procedures under the PM-Surya Ghar: Muft Bijli Yojana. The updates focus on the payment mechanism for the Utility Led Aggregation (ULA) model and the structure of the scheme’s awareness committee. Under the new payment rule, Central Financial…
Tata Power-led Odisha discoms have launched a one-kilowatt rooftop solar scheme under the Utility-Led Aggregation (ULA) Model of the PM Surya Ghar Muft Bijli Yojana. The scheme enables households to adopt rooftop solar at a reduced upfront cost of Rs 5,000 against the standard Rs 65,000-Rs 75,000. Central and state subsidies of Rs 30,000 and…