Top Solar Energy to benefit from Pradhanmantri Suryoday Yojana

Published : 24 January 2023

What is Pradhanmantri  Suryodaya Yojana?

On January 22, the government launched the Pradhanmantri Suryodaya Yojana offers a new push to the industry, with panel manufacturing businesses anticipated to be the largest winners. The Pradhan Mantri Suryodaya Yojana seeks to deliver rooftop solar power systems to one crore families across the country, with various states granting subsidies to help with implementation. The installation of solar panels with a 3-kilowatt capacity is eligible for a significant 40% subsidy from the central government under this plan. An additional substantial 20% incentive is available to consumers who choose a greater capacity of 10 kilowatts.

Waree Renewable Technologies

23.89%

₹6581 Cr

Market Cap:

5 days return %

Waaree Renewables Technologies Ltd is engaged in the business of generation of power through renewable energy sources 

₹3159.2

CMP

Insolation Energy

15.76%

₹2162 Cr

Market Cap:

5 days return %

Insolation Energy Ltd is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes.

₹1038

CMP

IREDA

33.46%

₹43,475 Cr

Market Cap:

5 days return %

IREDA is in the business of promoting, developing, and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation (EEC) projects

₹161.75

CMP

Surana Solar

27.39%

₹216 Cr

Market Cap:

5 days return %

Surana Solar Ltd is in the business of manufacturing Solar Photovoltic Modules, generation of Wind and Solar Power energy and trading of other solar related products

₹43.95

CMP

Sterling & Wilson Renewable Energy

21.06%

₹12,790 Cr

Market Cap:

5 days return %

Sterling and Wilson Solar Ltd is one of the leading end-to-end solar engineering, procurement and construction (EPC) solutions provider globally.

₹550.10

CMP

Tata Power

1.69%

₹1,14,025 Cr

Market Cap:

5 days return %

Tata Power manufactures solar roofs and plans to build 1 lakh ev charging stations by 2025

₹357.90

CMP

Gensol Engineering

9.21%

₹3324  Cr

Market Cap:

5 days return %

Gensol Engineering Ltd is engaged in the business of Solar consulting & EPC

₹893.30

CMP