Govt funds solar heat for industry

By Sohail Khan 9 September 2026, 12:04 am

Benchmarks
Nifty23,635.10-144.06

Precious Metal
Gold (MCX) (Rs/10g.)152,605.00-213.0

Enter search text:

Business News›Industry›Renewables›Govt offers 50% funding capped at Rs 2 crore to replace fossil fuels with solar heat in industry

Read Today's Paper

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

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.

Torrent Green Energy commissions 322 MWp of decentralised solar projects in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. — Govt offers 50% funding capped at Rs 2 crore to replace fossil fuels with solar heat in industry

New Delhi: The Ministry of New and Renewable Energy has invited proposals to promote concentrating solar thermal technology for industrial process heating, offering financial support to cut fossil fuel use in applications ranging from food processing and textiles to chemicals and metals. "The ministry encourages research and technology development proposals and provides up to 50% financial support to industry, start-ups, private institutes and entrepreneurs," the call for proposals said.

The government will provide up to 50% of the project cost, and the assistance will be capped at ₹2 crore per project, which may be given in the form of viability gap funding. The last date to submit the proposals is October 7.

Also read: Tata Power Solaroof crosses 5 lakh rooftop solar installations

Solar thermal technology uses solar radiation to generate heat, which can then be used directly for applications such as water heating, steam generation and industrial process heating.

When combined with thermal energy storage, the heat can also be used beyond sunlight hours.

The call invites proposals from start-ups, private institutes and entrepreneurs under its Renewable Energy Research and Technology Development Programme.

The programme will focus on commercially viable and scalable solar thermal systems integrated with thermal energy storage and existing industrial processe.

Add as a Reliable and Trusted News Source
Add Now!

(You can now subscribe to our WhatsApp channel)

(Catch all the Business News, Breaking News and Latest News Updates on The .)

…moreless

(You can now subscribe to our WhatsApp channel)

Read More News on
Solar Thermal TechnologyConcentrating Solar ThermalIndustrial Process HeatingThermal Energy StorageRenewable Energy ResearchSolar Heat ApplicationsFinancial Support for Solar ProjectsGovernment Funding Solar ProjectsFood Processing and Solar EnergyMinistry of New and Renewable Energy

(Catch all the Business News, Breaking News and Latest News Updates on The .)

…moreless

Enter search text:

Continue reading with one of these options:
Limited Access
Free
Login to get access to some exclusive stories

& personalised newsletters
Login Now

Unlimited Access
Starting @ Rs120/month
Get access to exclusive stories, expert opinions &

in-depth stock reports
Subscribe Now

Unlock Access to All Exclusives with ETPrime FREE TRIAL

15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers

Trial offer expiring in00 : 05 : 00

I'd rather pay ₹2599 now

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Prime Account Detected!

It seems like you're already an ETPrime member with

Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

Unlock ETPrime's Exclusive Stories Today!

Subscribe to gain powerful insights on business, stock market and industry trends.

Big Price Drop! Flat 40% Off

Student Only Offer

Already a Member? Sign In now

Already a Member? Sign In now
Already a Member? Sign In now

Offer Exclusively For You

Save up to Rs. 700/-

ON ET PRIME MEMBERSHIP

Avail Offer

Offer Exclusively For You

Get 1 Year Free

With 1 and 2-Year ET prime membership

Avail Offer

Offer Exclusively For You

Get 1 Year Free

With 1 and 2-Year ET prime membership

Avail Offer

Offer Exclusively For You

Get Flat 40% Off

Then ₹ 1749 for 1 year

Avail Offer

Offer Exclusively For You

ET Prime at ₹ 49 for 1 month

Then ₹ 1749 for 1 year

Avail Offer

Special Offer

Get flat 40% off on ETPrime

Avail Offer
Avail Offer

Claim NowAlready a Member? Sign In now

Need Assistance?

Connect with an ETPrime expert for personalized support and guidance

+91 9484700004

' + h3 + '

' + h4 + '

' + listing + '

What’s Included with

ETPrime Membership

1Exclusive Insights That Matter

Uncover the truth with our investigative stories

Make strategic moves using the real-world case studies

Read industry-specific stories to identify emerging trends

Spot opportunities with in-depth insights that matter

Trump temper on H-1B visas is forcing Indians to do these things to stay put in US

What Adani’s US indictment means for India Inc’s overseas fundraising
Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.

Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?
Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?

The problem with lab grown diamonds
Why a falling rupee is a better option for the economy

A list of top 20 momentum stocks that have delivered massive returns in one year