Hyderabad, December 24 (Maxim Information): Stree Nidhi credit score cooperative Federation Restricted, sponsored by the State authorities and the Mandal Samkhyas plans to supply financial institution loans to put in rooftop web metering photo voltaic panel items within the homes of 10 Self-Assist Teams (SHG). ) members throughout the state. Stree Nidhi will implement the scheme in collaboration with Telangana State Renewable Power Growth Company (TSREDCO)
Based on StreeNidhi DGM BVS Reddy, it has recognized 300 mandals throughout the State for implementation of this system and in every Mandal, round 35 items will likely be put in. He stated that they’ve efficiently put in 14 rooftop web metering photo voltaic panel items in ankole Camp village of Nasrullabad Mandal and 22 in thimmapur village of Birkur Mandal in Kamareddy district. “Now we wish to set up photo voltaic panels in at the very least 10,000 homes of SHG members throughout the State. This can assist them to save lots of not solely cash but additionally to make the setting cleaner and more healthy, he stated.
The method of choosing the beneficiaries has began and this system will likely be applied quickly. Eligible SHG members will likely be funded to assemble 2 KW and three KW grid photo voltaic rooftops below the Akshaya scheme. Beneficiaries will need to have an RCC constructing and the slab should be at the very least 160 sq. toes as much as 200 sq. toes and subsume at the very least 200-300 items of electrical energy per 30 days, after which they are going to be eligible for a mortgage.
StreeNidhi will present 50 p.c of the mortgage quantity, whereas the federal government will convey the subsidy as much as 40 p.c per unit and 10 p.c of the remaining quantity should be paid by the beneficiary, This mortgage is given flexibility of compensation. in 5 years with an rate of interest of 11 p.c each year.
The entire value of the two KW unit is Rs. 1,42,200, whereas the mortgage quantity authorized was Rs. 1 lakh. Equally, the full value of three KW items is Rs. 1,92,360 and the mortgage quantity authorized is Rs. 1.25 thousand. (Maxim Information)
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