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Govt to promote powerloom sector frames solar energy scheme

Related Keywords: basic cost of solar energy plant to applicants, formulated a Solar Energy scheme, Government for the development of the powerloom sector, increase production, loom weavers to utilize solar energy, Minister of State for Textiles Ajay Tamta, provide financial assistance and capital subsidy, under which it will provide incentives and concessions

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.

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