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Karnataka Grameen Bank planning 80 solar villages
A.J. Vinayak
Mangalore, May 20 The Dharwad-headquartered Karnataka Vikas Grameen Bank (KVGB), which has financed over 12,000 solar light units under its area of operation, is now planning to make 80 villages solar villages.
Mr K.P. Muraleedharan, Chairman of the bank, told Business Line on Wednesday that the bank wants to make 80 select villages in nine districts under its area of operation as complete solar villages by March 2010.
As many as 20 villages in Belgaum; 10 each in Bijapur, Bagalkot, Haveri, Gadag and Dharwad; four villages in Uttara Kananda; and three each in Dakshina Kannada and Udupi districts will be made solar villages by March-end.
The bank wants to make more than 10,000 houses in these villages solar houses by the end of the year. The bank will finance 85 per cent of the cost of the solar light unit, and the buyers are free to opt for the company of their choice for solar lights, he said.
Till now, the bank has financed around 12,000 solar lights to the tune of Rs 18 crore.
Considering the need for the maintenance of solar light units, the bank is planning to form farmers’ clubs in these selected villages. Apart from creating awareness about the solar light projects, the members of these clubs will take up maintenance and repair of the solar light units.
Mr Ullas Gunaga, an official from the bank, said such use of solar power would help save considerable amount of grid power. The bank has financed more than 12,000 solar light units till now, which helped save more than 12,000 units of power a day.
http://www.thehindubusinessline.com/2009/05/21/stories/2009052150901700.htm
A.J. Vinayak
Mangalore, May 20 The Dharwad-headquartered Karnataka Vikas Grameen Bank (KVGB), which has financed over 12,000 solar light units under its area of operation, is now planning to make 80 villages solar villages.
Mr K.P. Muraleedharan, Chairman of the bank, told Business Line on Wednesday that the bank wants to make 80 select villages in nine districts under its area of operation as complete solar villages by March 2010.
As many as 20 villages in Belgaum; 10 each in Bijapur, Bagalkot, Haveri, Gadag and Dharwad; four villages in Uttara Kananda; and three each in Dakshina Kannada and Udupi districts will be made solar villages by March-end.
The bank wants to make more than 10,000 houses in these villages solar houses by the end of the year. The bank will finance 85 per cent of the cost of the solar light unit, and the buyers are free to opt for the company of their choice for solar lights, he said.
Till now, the bank has financed around 12,000 solar lights to the tune of Rs 18 crore.
Considering the need for the maintenance of solar light units, the bank is planning to form farmers’ clubs in these selected villages. Apart from creating awareness about the solar light projects, the members of these clubs will take up maintenance and repair of the solar light units.
Mr Ullas Gunaga, an official from the bank, said such use of solar power would help save considerable amount of grid power. The bank has financed more than 12,000 solar light units till now, which helped save more than 12,000 units of power a day.
http://www.thehindubusinessline.com/2009/05/21/stories/2009052150901700.htm