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Pallavan Grama Bank opens first green bank branch in rural Tamil Nadu-India

Panchabuta truly believes in and has often mentioned that the potential for solar lies in the offgrid applications. We have been talking about the immense potential in the telecom space-particularly in the rural telecom and telecom tower space. We have also mentioned that there is immense potential in the defense and the railways for solar pv based solutions. There are also immense opportunities and potential for solutions in the low and medium temperature thermal collectors space.

The railways have announced that one hundred and fifty of the Unreserved Ticketing System (UTS) machines employed in Railways are run on solar energy and they had placed an important attention on solar energy as an alternative.

Earlier this year,  Railways has inaugurated India’s first green station at Manwal on the Jammu-Udhampur rail route. In an important step,  the complete work has been done departmentally by the railways by arranging solar panels from Kapurthala rail coach factory and Solar charge controllers have been purchased from market. All wiring, installation, commissioning has been done departmentally without any outside assistance.

Most tower companies have told us that they are looking at the ‘outsourced’  kind of model above where they are looking at a OPEX fee model from generated savings to create a win-win solution and help promote green and cleantech companies.

 Pallavan Grama Bank a scheduled bank in which Indian Bank  holds 35 per cent stake, while the Government of India owns 50 per cent and the Tamil Nadu government the remaining 15 per cent, announced that they have opened the first green bank branch in India in Ammapettai, Tamil Nadu.

In a first-of-its-kind green initiative in India, the branch is fully powered by solar energy thereby eliminating power cuts and ensuring smiles on all its customers.

All the computers, scanners, fans and LED lights at the Pallavan Grama Bank use power from the eight solar panels fixed on the terrace. The one-month-old bank has already become popular among the Erode customers as it serves them without any ‘power-breaks’.

Explaining the green concept, PGB chairman G. Rangarajan said there were frequent complaints from his rural branches that the customers were upset due to frequent power cuts, which also created security problems.

“Since we have connected our branches in 15 districts online, our staff needed uninterrupted power supply. We recently visited a bank in Andhra Pradesh working its lights and fans on solar energy and decided to replicate that in bigger way,” the chairman said. “We are thrilled at this success. We will soon convert four more branches to green energy.”

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