The Economic Times

Govt offers 50% funding capped at Rs 2 crore to replace fossil fuels with solar heat in industry

The Ministry of New and Renewable Energy is inviting proposals for solar thermal technology. Financial support up to fifty percent is available for industrial process heating applications. This initiative aims to reduce fossil fuel consumption across various sectors. Start-ups and entrepreneurs can receive assistance capped at two crore rupees. Proposals for this renewable energy program are due by October seventh.