According to reports, solar power projects, it seems, are not having a smooth run even under the aegis of the state electricity board.
After its efforts to source financial assistance for a 1 MW grid-connected solar power generation unit at Kanjikode in Palakkad turned futile, the board has decided to explore the possibilities of completing the project with assistance from the state government.
It was following directives from the state government that KSEB approached National Bank for Agriculture and Rural Development (Nabard) for financial assistance for the power project proposed on the plot adjacent to its 220-KV substation at Kanjikode.
However, since Nabard funding failed to materialise, the board has decided to utilise Rs 8 crore announced by the finance minister in the 2013-14 budget for setting up solar power generation units in the vacant land available at sites of existing sub-stations and powerhouses.
The government had, in June, asked the board to forward proposals for utilising the funds announced in the budget.
According to a Kerala State Electricity Board order in this regard, the capital cost for the 1 MW solar power project as per the central electricity regulatory commission (CERC) terms and conditions — for tariff determination from renewable energy sources regulations — is Rs 8 crore.
“In the case of Kanjikode 1 MW project, for which a detailed project report has been prepared, the capital cost is likely to be lower than the above as the land is already available with the board,” says the order.