CODISSIA seeks special scheme to promote rooftop solar energy among MSMEs

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The Coimbatore District Small Industries Association (CODISSIA) has sought a peculiar programme connected the lines of PM Surya Ghar strategy to beforehand rooftop star vigor installation successful Micro, Small and Medium-scale Enterprises (MSMEs) successful the manufacturing sector.

The outgoing president of the Association, M. Karthikeyan, submitted a connection successful this respect precocious to Vice-President C.P. Radhakrishnan. He besides sent an entreaty to the Prime Minister successful this regard.

According to Mr. Karthikeyan, the strategy should promote MSMEs to spell for 1 KW to 150 KW of rooftop star vigor plants. With the West Asia warfare starring to substance situation for the MSMEs and expanding powerfulness tariffs, rooftop star vigor plants volition springiness fiscal alleviation to the MSMEs.

He said the Union authorities should travel retired with a scheme, extending 25 % superior subsidy for specified projects and screen the installation costs too. The MSMEs should beryllium capable to get the remaining magnitude from banks that tin beryllium repayed successful minimum 7 years and should get 4 % involvement subvention. The loans should beryllium collateral-free, helium said.

“The MSMEs are already struggling with geopolitical uncertainties, proviso concatenation disruptions, precocious vigor costs, constricted entree to affordable finance, delayed payments, shortage of manpower, and inadequate exertion and investigating infrastructure. Further summation successful earthy worldly prices are severely impacting the MSMEs,” helium said.

Hence, the Association has projected the strategy to beforehand installation of rooftop star energy. With summation of 8 % successful powerfulness request each year, the authorities should see the connection alternatively of investing successful ample powerfulness projects that necessitate precocious superior investment. Investing successful rooftop star provides MSMEs with a semipermanent and imperishable solution to rising energy costs, helium said.

Published - June 12, 2026 06:39 p.m. IST

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