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Karnataka remote hamlets may get solar energy at 90 per cent subsidy

According to reports, the Karnataka Renewable Energy Development Ltd. (KREDL) is considering the possibility of making solar energy available in remote hamlets at around 90 per cent subsidised rate.

Disclosing this while addressing members of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) here, KREDL managing director G.V. Balaram said the idea was to get 60 per cent subsidy from the Power Finance Corporation (PFC) in addition to the 30 per cent subsidy from the Ministry of New and Renewable Energy.

He said he had requested all the five Escoms in the State to prepare a detailed project report on covering ‘un-electrified’ hamlets through solar energy at a highly subsidised rate in two years. Replying to queries, he said details such as the number of un-electrified villages and the cost were yet to be worked out.

The KREDL was also trying to further reduce the cost by exploring the option of getting some funds from the Rural Development and Panchayat Raj Department, he said. He also appealed to industrial bodies such as the FKCCI to adopt some of the un-electrified hamlets.

Later, interacting with reporters, Mr. Balaram, who heads a technical committee that is looking into the formulation of a separate wind energy policy besides updating the existing solar energy policy, said the draft in this regard was being circulated among experts and stakeholders to get their views.

Following suggestions from the FKCCI members, Mr. Balaram announced setting up of a help desk at KREDL to assist industrialists regarding technicalities related to renewable energy matters within 15 days.

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