Latest news with #SuryaGharScheme
Time of India
5 days ago
- Business
- Time of India
Goa's solar industry set for ₹325 crore turnover by 2027: SPAG
Panaji: Goa's solar industry is set for significant expansion, with business turnover projected to reach ₹325 crore and job creation expected to rise sharply by 2027, according to the Solar Power Association of Goa (SPAG). Addressing a press conference on Wednesday, SPAG President Sandeep Naik said that Prime Minister's PM Surya Ghar Scheme and Goa State Solar Policy are the "best solar policies till date". He said Goa Chief Minister Pramod Sawant has prioritised green energy and is encouraging people to come forward and take advantage of the PM-led scheme. "So far, the state has witnessed a solar capacity installation of 12 MW with another 2 MW under progress," he said, adding that the industry estimates that the total installed capacity will grow to 65 MW by 2027. "The cumulative investment from consumers is expected to rise from ₹18 crore at present to ₹162 crore, while business turnover is projected to surge from ₹37 crore to ₹325 crore," he said. Naik said that the number of entrepreneurs engaged in the solar sector is set to triple from 45 to 135 by 2027. SPAG has projected that direct employment in the sector will rise to 2,250 and indirect job creation to 6,750 by 2027, up from the current estimates of 750 direct and 1,875 indirect jobs in Goa. He added that the central government has so far disbursed ₹13.5 crore in subsidies through the state government and ₹5.37 crore directly as central support. "Correspondingly, GST collection from the sector has already reached ₹4.48 crore (from the time of introduction of the PM scheme) and is expected to climb to ₹39 crore by 2027," Naik said.
Deccan Herald
5 days ago
- Business
- Deccan Herald
Goa's solar industry set for Rs 325 crore turnover by 2027: SPAG
Panaji, Goa's solar industry is set for significant expansion, with business turnover projected to reach Rs 325 crore and job creation expected to rise sharply by 2027, according to the Solar Power Association of Goa (SPAG)..Addressing a press conference on Wednesday, SPAG President Sandeep Naik said that Prime Minister's PM Surya Ghar Scheme and Goa State Solar Policy are the "best solar policies till date"..He said Goa Chief Minister Pramod Sawant has prioritised green energy and is encouraging people to come forward and take advantage of the PM-led scheme.."So far, the state has witnessed a solar capacity installation of 12 MW with another 2 MW under progress," he said, adding that the industry estimates that the total installed capacity will grow to 65 MW by 2027.."The cumulative investment from consumers is expected to rise from Rs 18 crore at present to Rs 162 crore, while business turnover is projected to surge from Rs 37 crore to Rs 325 crore," he said that the number of entrepreneurs engaged in the solar sector is set to triple from 45 to 135 by has projected that direct employment in the sector will rise to 2,250 and indirect job creation to 6,750 by 2027, up from the current estimates of 750 direct and 1,875 indirect jobs in added that the central government has so far disbursed Rs 13.5 crore in subsidies through the state government and Rs 5.37 crore directly as central support. "Correspondingly, GST collection from the sector has already reached Rs 4.48 crore (from the time of introduction of the PM scheme) and is expected to climb to Rs 39 crore by 2027," Naik said.
News18
5 days ago
- Business
- News18
Goas solar industry set for Rs 325 crore turnover by 2027: SPAG
Panaji, Jul 24 (PTI) Goa's solar industry is set for significant expansion, with business turnover projected to reach Rs 325 crore and job creation expected to rise sharply by 2027, according to the Solar Power Association of Goa (SPAG). Addressing a press conference on Wednesday, SPAG President Sandeep Naik said that Prime Minister's PM Surya Ghar Scheme and Goa State Solar Policy are the 'best solar policies till date". He said Goa Chief Minister Pramod Sawant has prioritised green energy and is encouraging people to come forward and take advantage of the PM-led scheme. 'So far, the state has witnessed a solar capacity installation of 12 MW with another 2 MW under progress," he said, adding that the industry estimates that the total installed capacity will grow to 65 MW by 2027. 'The cumulative investment from consumers is expected to rise from Rs 18 crore at present to Rs 162 crore, while business turnover is projected to surge from Rs 37 crore to Rs 325 crore," he said. Naik said that the number of entrepreneurs engaged in the solar sector is set to triple from 45 to 135 by 2027. SPAG has projected that direct employment in the sector will rise to 2,250 and indirect job creation to 6,750 by 2027, up from the current estimates of 750 direct and 1,875 indirect jobs in Goa. He added that the central government has so far disbursed Rs 13.5 crore in subsidies through the state government and Rs 5.37 crore directly as central support. 'Correspondingly, GST collection from the sector has already reached Rs 4.48 crore (from the time of introduction of the PM scheme) and is expected to climb to Rs 39 crore by 2027," Naik said. PTI RPS DR DR (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: July 24, 2025, 11:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hans India
04-07-2025
- Business
- Hans India
Farmers urged to cultivate profit-making crops
Narasaraopet: Palnadu district collector P Arun Babu said farmers may double their income in the agriculture sector by utilising the schemes provided by the government. He advised farmers to cultivate crops that give high profits with low investment. Through micro-irrigation equipment provided on subsidy and the usage of fertilizers, water can be optimised. T his way, every inch of land is effectively covered. He instructed officials to achieve the target of distributing micro-irrigation equipment for 10,000 acres in the district during this financial year. He inspected horticultural farms in Narasaraopet and Rompicherla mandals on Thursday. In Annavaram village of Rompicherla mandal, he examined the drip irrigation system in Lingayya Chowdary's guava orchard. The farmer mentioned that with the installation of flow meters by the groundwater department, it is now possible to monitor the exact amount of water being used in the fields. In Ikkurthi village of Narasaraopet mandal, he inspected brinjal and rose cultivation in the farm of Poturaju Sivayya. The farmer explained that growing two or three types of crops provides better financial stability. The collector appreciated Sivayya for installing solar panels on his house under the Surya Ghar Scheme. Later, he inspected the Anganwadi centre at Ikkurthi village, checking the quality of eggs and milk. He instructed staff to provide children with nutritious meals as per the menu. District micro-irrigation officer Anjaneyulu, horticulture officer Venkata Rao and others participated.
Time of India
10-06-2025
- Business
- Time of India
Kolkata Metro: Powering a greener tomorrow
Kolkata's Metro Railway, often called the city's Lifeline, is making significant strides towards sustainability. For over 40 years, it has not only connected the city but is now playing a crucial role in reducing carbon footprints by harnessing renewable energy. This initiative has gained momentum, especially with the government's PM Surya Ghar Scheme and the Indian Railways' ambitious target to become a Net Zero Carbon Emitter by 2030. Currently, Metro Railway boasts a total solar power capacity of 4.556 MWp across various service buildings and carsheds. In April 2025 alone, the Metro Railway generated an impressive 47.21 thousand units of electricity from solar power. This solar power generation system is efficiently monitored through a cloud-based system. Presently, the Metro Railway produces an annual average of 57 lakh units of solar energy, leading to a significant reduction of 49 lakh tons of carbon footprints each year. The upcoming projects alone are expected to generate 14500 KWp of electricity to meet their demand. Currently, the Metro Railway generates an average of 16,000 units of solar power daily. Once all these new solar power plants are installed, this daily generation capacity is projected to surge to an astounding 110,000 units. Kolkata Metro is clearly committed to achieving its milestone for reducing carbon emissions, paving the way for a cleaner, better tomorrow.
