NEWS & ARTICLES

Solar power can help state save Rs 12K cr in 15 years: Experts

November 02, 2021

Ranchi: The state agriculture department expressed its eagerness to shift the energy load of agricultural activities to renewable resources, particularly solar energy, after an expert committee projected an estimated savings of Rs 12,465 crore to the state exchequer in the next 15 years, if done so.

The state government gives huge amounts of subsidy to farmers on power bills for their consumption in agricultural activities. As per the roadmap on energy transition in agriculture sector, prepared by the Jharkhand Renewable Energy Development Agency (JREDA) in consultation with the Centre for Environment and Energy Development (CEED) and Centre for Excellence in Green Energy & Efficient Technology, Central University of Jharkhand, switching to renewable resources would bring down the cost of power substantially and result in savings for the state, which it otherwise gives as subsidy. It would also help the farmers in augmenting their income.

Unveiling the report here on Friday, state agriculture minister Badal Patralekh advocated for converting grid power to solar power in a phased manner for its use in the agriculture sector. “This is an important document as it chalks out a strategic path for increasing agro-productivity and promoting enterprising activities through sustainable means. The government is committed to uplift the financial condition of the farmers. We look forward to the key recommendations of the report and will try to incorporate them in our programs,” he said.

Source : https://energy.economictimes.indiatimes.com/news/renewable/pm-modi-says-climate-adaptation-is-more-important-than-mitigation/87477193