Investment28 Nov 2025, 02:05 pm
Borosil Renewables Receives Capital Subsidy of Rs. 14.21 Crores from MEITY
AI Summary
Borosil Renewables Ltd. has announced receiving a capital subsidy of Rs. 14.21 crores from the Ministry of Electronics & Information Technology (MEITY) under the Modified Special Incentive Package Scheme. This brings the total capital subsidy received from MEITY over the last 2 years to Rs. 106.53 crores, leaving a marginal amount expected further. The company received this subsidy against its last expansion.
Key Highlights
- Borosil Renewables has received a capital subsidy of Rs. 14.21 crores from MEITY
- The total capital subsidy received from MEITY over the last 2 years is now Rs. 106.53 crores
- The subsidy was received under the Modified Special Incentive Package Scheme of MEITY
- The subsidy was received against the company's last expansion
- A marginal amount is still expected from MEITY