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    Home»Solar Energy»Telangana: Rooftop solar panels on houses of 10,000 SHG members soon
    Solar Energy

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

    By December 23, 2022No Comments3 Mins Read
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    The TSREDCO GM acknowledged that the dialogue of the scheme is occurring with StreeNidhi officers and as soon as all of the procedures are accomplished, they may assist in establishing the grid photo voltaic rooftops.

    Date Revealed – 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 the direction of clear and inexperienced power, the StreeNidhi credit score cooperative Federation Restricted, promoted by the State authorities and the Mandal Samkahyas to extend the circulation of credit score from the banking sector, plans to offer 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 Growth Company (TSREDCO).

    Based on StreeNidhi DGM BVS Reddy his group has recognized 300 mandals throughout the State for the implementation of this system and in every mandal round 35 models shall 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 need to set up photo voltaic panels in at the very least 10,000 homes of SHG members throughout the State. It will assist them save not solely cash but in addition make the surroundings cleaner and more healthy,” he stated.

    TSREDCO Basic Supervisor GSV Prasad acknowledged that the dialogue of the scheme is occurring with StreeNidhi officers and as soon as all of the procedures are accomplished, they may assist in establishing the grid photo voltaic rooftops.

    BVS Reddy acknowledged that the method of choosing the beneficiaries has began and shortly this system shall be applied. Giving the main points of the scheme, Reddy acknowledged that eligible SHG members shall be funded to assemble 2 KW and three KW grid photo voltaic rooftops beneath the Akshaya scheme. Beneficiaries will need to have an RCC constructing and the slab should not be lower than 160 sq. toes to 200 sq. toes and eat at the very least 200-300 models of electrical energy each month, then they will get a 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 fee for 5 years with an curiosity of 11 p.c every year, he added.

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