Solar Scheme Enables 2,448 MMR Consumers to Reach Energy Independence
POWER & RENEWABLE ENERGY

Solar Scheme Enables 2,448 MMR Consumers to Reach Energy Independence

The surge in household solar installations across Maharashtra has significantly reduced the state's reliance on external power purchases, according to government officials. A key driver of this shift is the central government’s PM Surya Ghar: Muft Bijli Yojana, which offers subsidies of up to 60% for residential solar panel installations. Out of 13,831 applications received from the Mumbai Metropolitan Region (MMR), 2,448 households have already begun receiving free electricity, a senior Maharashtra State Electricity Distribution Company Limited (MSEDCL) official confirmed. Additionally, MSEDCL’s recent initiative to provide free solar net meters for rooftop installations has further encouraged consumers to transition to renewable energy. (ET)

The surge in household solar installations across Maharashtra has significantly reduced the state's reliance on external power purchases, according to government officials. A key driver of this shift is the central government’s PM Surya Ghar: Muft Bijli Yojana, which offers subsidies of up to 60% for residential solar panel installations. Out of 13,831 applications received from the Mumbai Metropolitan Region (MMR), 2,448 households have already begun receiving free electricity, a senior Maharashtra State Electricity Distribution Company Limited (MSEDCL) official confirmed. Additionally, MSEDCL’s recent initiative to provide free solar net meters for rooftop installations has further encouraged consumers to transition to renewable energy. (ET)

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Infrastructure Urban

What Industry Wants!

The construction industry is gearing up for Budget 2025 with high expectations. As one of India’s key economic drivers, the sector is eagerly anticipating reforms and policies to address pressing challenges such as high input costs, funding gaps, and sustainability demands. Industry leaders across real estate, infrastructure, construction materials, and logistics have shared their wishlists, urging the government to focus on GST rationalization, increased CAPEX, and green initiatives.This year’s budget presents an opportunity for the government to not only tackle existing bottlenecks but a..

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Infrastructure Urban

Messe Stuttgart, Startup India Tie-Up to Boost Funding

The logistics market in India is poised for significant growth, with a projected revenue of $357.3 billion by 2030. Despite this huge potential, a recent McKinsey & Company report highlights the decline in logistics funding following the pandemic that remains a significant concern. After receiving unprecedented funding of $25.6 billion in 2021, venture capital investment in logistics startups fell sharply to $2.9 billion in 2023—a nearly 90 per cent decrease, marking the lowest since 2015. This pullback from investors is attributed to several factors, including high interest rates, a glo..

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Infrastructure Transport

JK Tyre Strengthens Road Safety Commitment

Reinforcing its unwavering commitment to road safety, JK Tyre & Industries, a leader in the tyre manufacturing industry, partnered with the Delhi Traffic Police to organise a comprehensive Road Safety Awareness Week. This initiative, held as part of National Road Safety Month (January 1–31, 2025) spearheaded by the Ministry of Road Transport and Highways (MoRTH), aimed to foster responsible driving habits and reduce road accidents. Under the theme ‘Sadak Suraksha Jeevan Raksha,’ the initiative commenced on January 16, 2025, at the Delhi Police Traffic Training Park, BKS. The program feat..

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