Rooftop solar can deliver significant electricity cost savings for 3.3 lakh Indian SMEs: Study

As India moves toward renewable energy, small and medium enterprises (SMEs) in the country, which often face capital constraints, can realise significant savings on electricity costs by embracing green energy, particularly through rooftop solar (RTS) solutions, according to a recent study by the World Resources Institute (WRI) India.

The study pointed out that India has about 3.3 lakh registered SMEs, which are heavy users of electricity. Additionally, with the increase in fuel and electricity costs, SMEs may find it beneficial to concentrate on…