India’s total installed solar capacity stood at 100.33 GW as of Jan. 31, 2025, with 84.10 GW under implementation and an additional 47.49 GW under tendering.
The solar farm’s 62.5 MWp capacity already went live in June 2024, while an additional capacity of 62.5 MWp is under implementation.
The price band is fixed at INR 181 – 191 per share and the lot size is 600 equity shares.
Indus Towers has agreed to acquire a 26% stake in a 50 MW solar plant for captive consumption. The solar plant will be set up by Amplus Tungabhadra.
With climate change and energy security at the forefront of global concerns, the government has unveiled a series of policy measures and incentives designed to accelerate the adoption of solar power.
Finance minister Nirmala Sitharaman has submitted Union Budget 2025-26, which proposes customs duty exemption for waste and scrap of lithium-ion batteries and critical minerals.
Regulatory and fiscal incentives to set up specialized labs in collaboration with leading international and domestic research institutions, reduction of Goods and Services Tax (GST) on turbines and solar modules, and ISTS charges waiver extension are on the budget wishlist of the renewable energy industry in India.
With the Union Budget 2025-26 approaching, the solar industry anticipates key policy and financial measures to sustain this momentum. The budget is expected to increase funding for green technologies, including solar, wind, and green hydrogen.
Central Government’s Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) scheme holds transformative potential for both India’s agricultural and energy sectors. Decisive financial boosts in the 2025 budgets will harness the growing winds of interest and pave the way for widespread adoption.
Grew Energy has announced focused divisions for solar PV module and cell manufacturing, and engineering, procurement, and construction projects.
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