Renewable Energy

‘Saur Swarozgar Yojna’ launched by Uttarakhand CM for youth

CM Trivendra Singh Rawat launched the ambitious ‘Mukhya Mantri Saur Swarozgar Yojna’ . The yojna aims to generate self-employment to 10,000 people in Uttarakhand. Through this project, the government gives opportunity to the youths to set up solar power plants of 25 KW capacity. The process of applying for the scheme would be kept simple and land conversion should be completed within a week.

According to officials, around 1.5 naali (land measurement unit) to 2 naali land is required to set up a 25-kw solar plant. Total project cost of each plant is estimated to be Rs 10 lakh. A plant can generate 38,000 units of power each year, on the basis of average sunlight received.

Saur Swarozgar Yojna beneficiaries can take loan from cooperative or nationalised banks. The co-operative bank will provide loan for this scheme for 15 years at an interest rate of 8%. The CM pointed out that a four-month time period has been wasted due to COVID-19 outbreak, and the projects needs to be executed at “double the pace in the next eight months”.

“Permanent residents of the state can set up solar power plants on their private land or on lease,” says CM.

The list of all these transformers would be made available online. Electricity generated from project allocated under the scheme will be purchased at rates determined by the UPCL for 25 years. A Power Purchase Agreement (PPA) will be made with the concerned beneficiary.

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