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Karnataka to come out with new solar policy

According to reports, the State government is set to come out with a fresh solar policy providing a roadmap for setting up solar parks with a total capacity of 1,000 MW. It is also set to formulate its new textile policy that aims at creating an additional one lakh jobs.

Announcing this during an informal interaction with reporters after a programme organised to launch the centenary celebrations of the Department of Industries and Commerce here on Thursday, Industries Minister Murugesh Nirani said that the two policies would be ready in 15 days. He said that these policies were being formulated by his department.

Pointing out that several parts of the State, especially the northern region, had potential for tapping solar energy with ideal sunlight, he said that the State was planning to set up 10 solar parks in these areas. Private companies would be allowed to set up their grid-connected plants in these solar parks.

Pointing out that the cost of setting up a grid-connected solar power plant was in the range of Rs. 18 crore to Rs. 20 crore per megawatt with land requirement of six acres when the State set up its first solar plant in 2010, Mr. Nirani said that the proposed solar policy was trying to set up these plants at a rate of about Rs. 6 crore to Rs. 7 crore per megawatt with a land requirement of less than five acres taking advantage of technical improvements.

Mr. Nirani said that the textile policy aimed at setting up 10 mega textiles units with a capacity to employ 10,000 persons each. Entrepreneurs were ready to set up such units in the State and were demanding that the government put in place a policy framework prescribing various incentives and measures for promoting the textiles sector, he said.

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