Solar power project launched in Tarntaran

Image
Press Trust of India Tarntaran (Pb)
Last Updated : May 30 2015 | 8:32 PM IST
A 2.10 MW solar power project, costing Rs 16.40 crore, was inaugurated in village Chhina Bidhi Chand near Indo-Pak border here today.
Punjab New & Renewable Energy Minister Bikram Singh Majithia inaugurated the project.
"Solar energy is one of the most abundant energy sources in our state, which averages around 300 sunny days per year and now the time has come to take full advantage of that potential to provide better access to clean energy and reduce the dependence on fossil fuels," he said.
The project was set up by an NRI Ranbir Singh Chhina.
Majithia said keeping in view the ever increasing response to state government's efforts to promote renewable energy, a new "land on lease" scheme has been launched and in less than two weeks period around 5,000 acres of land has been offered by active or passive farmers and NRIs, which would be further given to investors on 30 years lease for Rs 35,000 to Rs 50,000 per year per acre.
Majithia said in just two years period, the solar power generation has been enhanced 25 times as earlier it was 9 MW and now crossed 225 MW in the state.
The minister said 24 new projects of 229 MW capacity and 65 MW rooftop projects with an investment of Rs 2,100 crore were all set to be started soon.
He expressed confidence that by 2017, the Punjab will touch 1,000 MW renewable power generation in state.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 30 2015 | 8:32 PM IST

Next Story