Borosil Renewables Ltd on Friday announced that it has received a capital subsidy of Rs 14.21 crore from the Ministry of Electronics & Information Technology (MeitY) under the Modified Special Incentive Package Scheme (MSIPS). The subsidy was credited on November 27, 2025, the company said in a regulatory filing.
With this latest release, the company has now received a total capital subsidy of Rs 106.53 crore over the past two years, linked to its recent expansion project. Borosil added that only a marginal amount under the approved subsidy remains to be received.
The company also confirmed that the intimation has been made available on its official website.
Borosil Renewables, India’s only domestic manufacturer of solar glass, has been scaling capacity over the past few years, supported by central government incentives aimed at strengthening domestic solar manufacturing.
