Karnataka

MoU for Rs 25,000 Crore investment in Renewable Energy Projects


From Our Special Correspondent
Daijiworld Media Network

Bengaluru, Jan 13: A memorandum of understanding for implementing renewable energy projects with total investment of Rs 25,000 crore was signed between the Karnataka Government and the Renewable Energy developer and technology provider, SunEdison, in Bengaluru on Tuesday.

The projects will be implemented over the next five years.

The electricity generated by these projects will be cost competitive with coal produced electricity, without subsidies or incentives, and will ease the electricity deficit in Karnataka, the company.

Meanwhile, the Rural Development and Panchayat Raj (RDPR) Department and Avantika Foundation, a non -profit organization, will be implement an innovative pilot project in 30 gram panchayats in Mulbagal taluk in Kolar district for improving governance and service delivery to citizens.

The duration of the project called Gram Panchayat Organisation Development (GPOD) is two years and it is funded under the Rajiv Gandhi Panchayat Sashaktikaran Abhiyan, a central scheme, said a press release. A pact was signed with the RDPR on December 30, 2014.

The project would use organization development principles to strengthen the capacity of GP members and officials to improve performance of local bodies.

The Foundation would work with the State Institute for Rural Development, Mysuru, to develop a training curriculum to strengthen GPs.

The innovation was piloted and successfully implementation in two GPs of Oorukunte Mittur, Kolar district and Dibburhalli, Chikkaballapur over the last four years.

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Title : MoU for Rs 25,000 Crore investment in Renewable Energy Projects


 
 
 
 

 
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