MSME

Resentment Among TN MSMEs Against Additional Rooftop Solar Charges

Rooftop solar consumers across Tamil Nadu are now miffed with the additional charges levied by the state unlike many other Indian states which are promoting rooftop solar. The state agencies are now levying network or wheeling charges from the prosumers in the state. In a recent development, several Micro, Small, and Medium Enterprises (MSME) associations […]

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Ruloans, UGRO Capital Foray Into Rooftop Solar Financing Biz

Ruloans, a credit distribution company in India, entered into a partnership with UGRO Capital, a DataTech MSME-lending platform, to tap into the growing renewable energy finance market. Ruloans is a direct sales agent (DSA) for all financial services, including loans, credit cards, and insurance. It recently added rooftop solar finance products into its loan portfolio […]

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MSME Sector Can Save Rs 37cr By Adopting RE & Energy Efficiency: CSTEP

A recent study by Bangalore-based energy think tank Center for Study of Science, Technology and Policy (CSTEP) said that the Micro Small and Medium Enterprises (MSME) can save upto Rs 37 crore by adopting renewable energy, energy efficiency and other advanced technologies. The Center for Study of Science, Technology and Policy (CSTEP) has published a […]

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Tata Power Solar & Union Bank Collaborate to Finance Rooftop Solar for MSMEs

One of India’s oldest and largest public sector banks, Union Bank of India (UBI) has partnered with Tata Power Solar Systems Limited (TPSSL) to support the MSME (Micro, Small, and Medium Enterprises) sector’s transition to solar energy (Finance Rooftop Solar). Tata Power Solar Systems Limited (TPSSL) is a wholly-owned subsidiary of Tata Power Renewable Energy […]

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MSME Solar Parks Feasible When State’s Lower Transmission Charges: Gadkari

Nitin Gadkari said the entry of MSME in the solar parks sector was a good idea, but would only be viable if state governments reduce transmission charges. Union Minister of Road Transport & Highways of India and Micro, Small and Medium Enterprises (MSME), Nitin Gadkari has said that he believes that the entry of MSME […]

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Govt Exploring New Lending Institutions to Support Small Enterprises: Gadkari

The government is exploring new financial lending institutions to support small-scale units to provide financial support, said Nitin Gadkari, the Union Minister for Micro, Small and Medium Enterprises (MSME) and Road Transport and Highways (MORTH). The Minister assured the industry stakeholders that the government is working towards strengthening the NBFCs which will help small businesses […]

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India to Organize Summit on Smart & Green Mobility in Nov

The another interesting highlight of the mobility summit would be the participation of experts working with leading international scientific & research organizations and testing laboratories from across the world. The government is organizing a mobility summit, NuGen Mobility Summit 2019, in the month of November this year based on the theme smarter and greener future […]

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BEE, MSME Ink MoU to Enhance Energy Security

The signed agreement includes areas of cooperation for comprehensive energy mapping of MSMEs on pan India, development of appropriate schemes and programs to improve the energy security of MSMEs. The Bureau of Energy Efficiency (BEE), an agency of Ministry of Power, has signed a Memorandum of Understanding (MoU) for enhancing energy security in the Micro, […]

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The Big Moves in Budget 2019

Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and EVs. Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and […]

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