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more » Construction and Architecture, Energy and Fuel

India gives hand-outs for solar-power plants

Posted by Greenbang on January 3rd, 2008

India is to subsidise the cost of producing energy made from the sun’s rays.

The Ministry of New and Renewable Energy said it is trying to build a renewable energy infrastructure - something we Greenbangers know is a costly business.

Minister of State for New & Renewable Energy, Shri Vilas Muttemwar said the Ministry will provide financial assistance amounting to Rs.12 per KW hour in case of solar photovoltaic and Rs.10/KW hour in case of solar thermal power fed to the electricity grid.

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