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

GFA and PDS Ventures launch Trailblazer Program

GFA and PDS Ventures are searching for early-stage innovators with sustainable solutions that can transform the fashion and textile supply…

14 hours ago

Ambercycle and Benma to scale circular textile solutions

Ambercycle has partnered with Benma, a Chinese sustainability solutions provider, to accelerate circularity in textiles through the production of cycora…

14 hours ago

Dutch delegation, Bangladesh partner to strengthen supply chain

A trade delegation from the Netherlands will visit Bangladesh from February 10th to 13th, 2025, as part of the Netherlands…

14 hours ago

BRÜCKNER strengthens focus on environmental and energy technology

To further strengthen energy efficiency efforts, BRÜCKNER has set up a dedicated "Environmental and Energy Technology" department, led by Andreas…

4 days ago

Spiber, Botto Giuseppe to launch 100% brewed protein yarn

Spiber. Botto Giuseppe to introduce a 100% Brewed Protein yarn. This partnership follows the successful development of this unique bio-based…

4 days ago

New textile treatment enhances dye absorption

A recent study introduces an innovative approach to improving the dye absorption of natural fabrics using special chemical compounds called…

4 days ago