Subsidies for solar power
Posted on: 26/Apr/2013 3:17:26 PM
As part of the government’s plan to make solar power generation a mass movement, Tamil Nadu Chief Minister J. Jayalalithaa announced an investment subsidy of Rs. 20000 per kilowatt.
Speaking at the Assmebly, Ms. Jayalalithaa said, ‘11 lakh new electricity connections covering houses, agriculture, commercial and industries would be given in the current year. In the first phase, the solar energy investment subsidy scheme would benefit 10,000 consumers.
‘More power could be generated through solar energy and the State government had already announced generation-based incentive along with the 30 per cent subsidy given by the Ministry of New and Renewable Energy.
‘In the past the government purchased less than 10,000 transformers every year to ensure uninterrupted power supply to consumers and now it had been decided to by 20,000 transformers at a cost of Rs. 500 crore to overcome the shortage.
‘A sub-station with a capacity of 400 KW would be set up to transmit the wind power generated in Coimbatore, Udumalpet and Theni. These stations would come up in Thappakundu in Theni district and Anakadavu and Rasipalayam in Coimbatore district.’
