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Consolidated solar energy policy likely in Karnataka

According to reports, the State Cabinet on Tuesday discussed the necessity of formulation of a consolidated solar energy policy to tap solar power in the State. The policy would be formulated by the Energy Department in consultation with Industry, Infrastructure, Water Resources and other departments.

Now, there was no uniform policy for promoting solar energy projects, Minister for Primary and Secondary Education Vishveshwara Hegde Kageri has said. The Cabinet has authorised the Industries Department to formulate guidelines for one-time settlement of pending dues to the government by 777 small units. The government gave loans to units under the Mysore State Aid to Industries Act, 1950, a few decades ago. The pending principal amount from these units was Rs. 56.85 lakh, while the interest amount was Rs. 1.93 crore, Mr. Kageri said.

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