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Plan to bring rooftop solar scheme with KfW, says Nitin Gadkari

Plan to bring rooftop solar scheme with KfW, says Nitin Gadkari

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NEW DELHI : The government is working with German financing institution KfW to bring a rooftop solar scheme that will bring down the cost of the power generated to Rs 2.5 per unit, Union minister of micro, small and medium enterprise (MSME) Nitin Gadkari said.

Gadkari said the government is working to bring down the cost of power, logistics and capital which will help reduce cost of production in India. “We are trying to reduce power cost. We are bringing a rooftop solar scheme with KfW, with the help of which the cost of power will be Rs 2.5 per unit at maximum,” Gadkari said at a FICCI Summit on MSME ecosystem here on Tuesday. “If we want to be competitive in the international market, we need to reduce capital, logistics and power costs.The industry must come forward to help achieve this,” Gadkari said.

Source : FICCI Summit
Anand Gupta Editor - EQ Int'l Media Network

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