Govt to promote powerloom sector frames solar energy scheme

The government for the development of the powerloom sector has formulated a Solar Energy scheme under which it will provide incentives and concessions to loom weavers to utilize solar energy to increase production, said Minister of State for Textiles Ajay Tamta.

Under the scheme, the government will provide financial assistance and capital subsidy to the extent of 50 percent, 75 percent and 90 percent of the basic cost of the solar energy plant to applicants.

The government has also conducted a study on the Scheme for Integrated Textiles Parks.

The study has indicated that many of the parks have done well, but the parks are yet to attain their planned investment levels due to lower occupancy rates.

Ajay Tamta in a written reply to the Lok Sabha stated that he new solar energy scheme will come into force from 1st April 2017.

Recent Posts

Uncaged Innovations partners to launch leather alternative

Biomaterial company, Uncaged Innovations, has collaborated with ten independent fashion brands to launch Elevate, a new eco-friendly luxury leather alternative.

19 hours ago

Rudolf enhances digital pigment printing

Rudolf introduced the Digital Pigment Printing Toolbox, a package of pre-treatment products to improve the quality and sustainability of pigment…

19 hours ago

Aquafil Group unveils sustainable yarns

Aquafil Group, the innovator behind ECONYL regenerated nylon, has launched the ECONYL Bespoke Collection that mimic the aesthetics of natural…

19 hours ago

GTT and Golden Long John pioneer sustainable textile processes

Green Theme Technologies (GTT), has partnered with Golden Long John to advance environmentally conscious fabric dyeing and finishing processes.

2 days ago

KOLAB Collection launches NFC-tagged clothing line

KOLAB Collection, a leader in sustainable fashion, has revolutionized the industry by launching NFC-tagged clothing line as part of its…

2 days ago

Advance Denim, Lenzing, and Asahi Kasei launch sustainable stretch denim

Advance Denim, Lenzing’s, and Asahi Kasei have teamed up to launch the LoopTy Collection, a series that combines functionality, style,…

2 days ago