Gujarat, Tamil Nadu powerloom firms make the most of solar energy scheme
The maximum benefit of government’s promotional schemes have been taken by the entrepreneurs of Gujarat and Tamil Nadu.
Published: 27th November 2017 09:26 AM | Last Updated: 27th November 2017 09:26 AM | A+A A-
MUMBAI: Maximum benefits of government’s promotional schemes for powerloom textile industry have been taken by entrepreneurs from two states — Gujarat and Tamil Nadu, said Kavita Gupta, textile commissioner on Sunday.
“The ministry of textiles has announced several promotional schemes for powerloom textile industry but there is hardly any awareness in the industry. The maximum benefit of these schemes have been taken by the entrepreneurs of Gujarat and Tamil Nadu,” Gupta said at the Buyer-Seller Meet and Textile Exhibition held in the city.
The textile ministry has recently announced solar energy scheme for small powerloom units, on-grid solar PV plant (without battery back up) and off-grid solar PV plant (with battery back up), where government will provide Rs 2.50 lakh subsidy per unit. She added this scheme will help the unit to pay back bank loans within 3-4 years, after which the unit shall get practically free electricity.