Summary:
According to a TEDA official, at present the Union Ministry for New and Renewable Energy is providing 30% capital subsidy for solar pumps. Tender floatedAs an alternative, TEDA is coming up with a proposal to energise one lakh grid-connected pumps that can generate 2000 MW of solar power. At present, 6 lakh solar pumps are under wait list and the State government is only able to energise a small portion of it. The project aims to incentivise farmers generating solar power and help them earn additional income by selling excess power to the grid. more-inTamil Nadu Energy Development Agency (TEDA), the nodal agency for renewable energy in the State, has envisaged an ambitious plan to roll out one lakh grid-connected solar powered agriculture pumps at a project cost of ?13,500 crore..