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Telangana: Rooftop solar panels on houses of 10,000 SHG members soon

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The TSREDCO GM said that the dialogue of the scheme is occurring with StreeNidhi officers and as soon as all of the procedures are accomplished, they’ll assist in organising the grid photo voltaic rooftops.

Date Printed – 08:47 PM, Fri – 23 December 22

Telangana: Solar panels on roofs of houses of 10,000 SHG members soon

Representational picture.

Hyderabad: As a part of the State authorities’s effort to maneuver in direction of clear and inexperienced vitality, the StreeNidhi credit score cooperative Federation Restricted, promoted by the State authorities and the Mandal Samkahyas to extend the circulate of credit score from the banking sector, plans to supply loans to put in rooftop web metering photo voltaic. panel models within the homes of 10,000 members of Self Assist Teams (SHG) throughout the State. StreeNidhi will implement the initiative in collaboration with the Telangana State Renewable Power Improvement Company (TSREDCO).

In response to StreeNidhi DGM BVS Reddy his group has recognized 300 mandals throughout the State for the implementation of this system and in every mandal about 35 models might be put in. He stated that they’ve efficiently put in 14 rooftop web metering photo voltaic panel models in Ankole Camp village in Nasrullabad mandal and 22 in Thimmapur village in Birkur mandal in Kamareddy district. “Now we wish to set up photo voltaic panels in at the least 10,000 homes of SHG members throughout the State. This may assist them save not solely cash but in addition make the setting cleaner and more healthy,” he stated.

Normal Supervisor of TSREDCO GSV Prasad said that the dialogue of the scheme is occurring with StreeNidhi officers and as soon as all of the procedures are accomplished, they’ll assist in organising the grid photo voltaic rooftops.

BVS Reddy said that the method of choosing the beneficiaries has began and shortly this system might be carried out. Giving particulars of the scheme, Reddy said that eligible SHG members might be funded to assemble 2 KW and three KW grid photo voltaic rooftops below the Akshaya scheme. The beneficiaries ought to have RCC constructing and the slab needs to be at the least 160 sq. ft to greater than 200 sq. ft and devour at the least 200-300 models of electrical energy monthly, after which they are going to be eligible for the mortgage, he stated.

StreeNidhi will present 50 p.c of the mortgage quantity, whereas the federal government will shoulder the subsidy as much as 40 p.c per unit and 10 p.c of the remaining quantity should be paid by the beneficiary, he knowledgeable. This mortgage is given flexibility of cost for 5 years with an curiosity of 11 p.c each year, he added.

The overall price of the two KW unit is Rs 1,42,200 , whereas the mortgage quantity accepted is Rs 1 lakh. Equally, the full price of three KW models is Rs 1,92,360 and the mortgage quantity accepted is Rs 1.25 lakh.

Complete Variety of Beneficiaries : 10,000 Complete price of two KW photo voltaic models: Rs 1,42,200 Complete price of three KW photo voltaic models: Rs 1,92,360 Mortgage quantity for two KW models: Rs 1 lakh Mortgage quantity for 3 KW models: Rs 1.25 lakh Subsidy quantity for two KW models: Rs 39,200 Subsidy quantity for 3 KW models: Rs 57,360



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