New plan worth Rs 20,000 cr to solarise agricultural feeders: R K Singh

The government is planning to set aside Rs 20,000 crore under a new scheme for solarising agricultural feeders, power and renewable energy minister R K Singh said on Thursday at The Economic Times Energy Leadership Summit 2021.

“In the new scheme we are coming out with, which will be put before the cabinet soon, we are setting aside Rs 20,000 crore for agricultural feeders which we will solarise. The cost of solarisation will be met by agricultural subsidy by states,” said Singh.

He added that for solarising the entire agricultural sector, 110 gigawatt (GW) capacity will have to be installed. The minister in his inaugural speech touched upon various topics regarding the renewable energy sector. He said energy access was a huge challenge for the world and without this energy transition cannot happen.

Speaking about the solar city plan, he said the government has already earmarked 17 cities and more are underway. Under this plan, the government has proposed to run entire cities on renewable energy.

Commenting on the renewable energy parks, he said that a power evacuation survey had been completed for a 10 GW park in Ladakh.

ET Energy World
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