FCIK urges MSME to exploit solar rooftop potential


The Federation of Industries in Jammu and Kashmir (FCIK) has urged Micro, Small, and Medium Enterprises (MSMEs) to tap into the untapped potential of solar rooftop installations. Recognizing the significance of renewable energy in reducing dependence on conventional power sources and promoting sustainability, FCIK emphasized the need for MSMEs to embrace solar energy solutions.

In a bid to encourage MSMEs to adopt solar rooftop systems, FCIK organized a seminar highlighting the benefits and feasibility of such installations. The seminar aimed to create awareness among MSMEs about the financial incentives, technical support, and regulatory frameworks available for implementing solar rooftop projects.

FCIK emphasized that solar rooftop installations not only offer long-term cost savings but also contribute to reducing carbon emissions and mitigating environmental impact. By harnessing solar energy, MSMEs can significantly lower their electricity bills and enhance their competitiveness while demonstrating their commitment to sustainable business practices.

Furthermore, FCIK stressed the importance of leveraging government initiatives and schemes aimed at promoting renewable energy adoption among MSMEs. Initiatives such as subsidies, tax incentives, and financing options can make solar rooftop installations more accessible and affordable for small and medium enterprises.

Highlighting the solar potential in the region, FCIK underscored the need for MSMEs to capitalize on abundant sunlight and favorable climatic conditions in Jammu and Kashmir. With ample rooftop space available in industrial clusters and commercial establishments, there exists a significant opportunity for MSMEs to embrace solar power and contribute to the state's energy transition.

FCIK called upon MSMEs to proactively explore the feasibility of solar rooftop installations for their facilities and take advantage of available support mechanisms. By investing in solar energy, MSMEs can not only reduce their operational expenses but also play a pivotal role in driving sustainable development and energy independence in the region.

In conclusion, FCIK's advocacy for harnessing the solar rooftop potential of MSMEs underscores the importance of renewable energy adoption in promoting economic growth and environmental sustainability. As Jammu and Kashmir strives to diversify its energy mix and reduce reliance on fossil fuels, the proactive involvement of MSMEs in solar initiatives is crucial for achieving these objectives and fostering a greener future for the region.

Related Stories

MSMEs Urge Reconsideration of Proposed Steel Import Duty Hike

MSMEs call for a review of the proposed increase in steel import duty.

HVAC leaders share tips with developers

Plus, CW examines what the HVAC industry needs to grow eightfold in the next two decades.

GeM Procurement Surpasses Rs.1.24 Tn in Q1, Eyes Global Leadership

Government e-Marketplace (GeM) hits ?1.24 Tn in Q1, targeting to become the world's largest procurement platform by FY24-25.