Latest news with #KarnatakaRenewableEnergyDevelopmentLimited


Time of India
07-06-2025
- Business
- Time of India
Horti dept offers 50% subsidy on solar pumps for Mysuru, Chamarajanagar farmers
Mysuru: The horticulture department has introduced a 50% subsidy on solar-powered irrigation pumps for growers in Mysuru and Chamarajanagar. Under the scheme, Rs 1 lakh will be provided for a 3 HP solar pump and Rs 3 lakh for a 5 HP pump. The initiative not only reduces operational costs, but also promotes sustainable irrigation over diesel or grid-powered systems. Farmers cultivating horticulture crops in their fields can apply for the scheme without the condition of having drip irrigation and sprinkler systems installed to avail themselves of the benefit. The department has given preference to small and marginal farmers in the first phase and plans to extend the scheme to others later. To obtain this benefit for the installation of solar pumps from the horticulture department, farmers must submit a written affidavit certified by Karnataka Renewable Energy Development Limited, stating that they did not benefit from KREDL and did not avail themselves of the benefit from the PM KUSUM scheme. Both Chamarajanagar and Mysuru districts have set a target of distribution for 213 farmers in the twin districts after identifying the beneficiaries taluk-wise in the 2025-26 financial year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo To avail themselves of the subsidy benefit from the horticulture department for the installation of solar pumps, farmers must obtain prior work order permission from the office of the deputy director of horticulture after submitting an application with their taluk assistant director of horticulture, Chamarajanagar deputy director of horticulture Shivarprasad told TOI. Farmers must install solar pumps after purchasing them from a certified company from the state energy department at their own cost, then claim the subsidy amount after full installation from the department, he said. He mentioned that apart from providing a 50% subsidy for the installation of solar pumps, his department has also provided a 75% subsidy to encourage honeybee farming for general category farmers and a 90% subsidy for SC/ST farmers. Speaking to TOI, deputy director of horticulture of Mysuru district, Manjunath Angadi said that the department has already given instructions to all taluk assistant directors of horticulture to start identifying the beneficiaries to avail themselves of the subsidy benefit for the installation of solar pumps in their horticulture fields and start distributing subsidies after the completion of installation. The department has decided to encourage farmers to adopt such renewable energy solutions by installing solar pumps. This scheme is entirely different from the PM Kusum scheme, he said.


The Hindu
31-05-2025
- Business
- The Hindu
KREDL floats tender for BESS in Pavagada Solar Park
The Karnataka Renewable Energy Development Limited (KREDL) is planning to set up a Battery Energy Storage System (BESS) of 250 megawatt (MW)/1100 MwH capacity along with a solar photovoltaic project of 250 MW capacity in Ryapte in Tumakuru district in the vicinity of Pavagada Solar Park. This is the first BESS being set up in the solar park spread over 13,000 acres. It is being set up to supply peak power and optimise grid utilisation. This new project will come up in 1,000 acres in Annadanapura and Reddivarahalli villages in Tumakuru. KREDL, which has called for the tender, will provide the land on lease to the developer for setting up the plant. The entire project will be developed under Tariff-Based Competitive Bidding on Build-Own-Operate (BOO) basis. 'The BESS is being set up as we want to utilise the energy generated during solar hours in non-solar hours and thereby optimise grid utilisation,' said Gaurav Gupta, Additional Chief Secretary, Energy Department. He further said that BESS, which is fairly a new concept, is being set up in different capacities at different projects. The developer will also need to set up a transmission network with the primary objective of supplying Solar and BESS power to electricity supply companies (escoms). The projects need to be designed for interconnection with the Karnataka Solar Power Development Corporation Limited (KSPDCL) 220 kV lines. 'The BESS needs to be utilised for storing the energy generation from Solar PV during the grid constraint period, which may occur anytime during the solar generation hours, and it is mostly expected between the time blocks of 8:00 am and 4:00 pm on a daily basis. Further, the grid constraint period would differ on a month-to-month basis or seasonally (not necessarily between 8 a.m. and 4 p.m. on daily basis),' the tender document specifies. The energy generated from the solar project which would not be evacuated from the plant on account of grid constraint (partial or full) shall be stored into the BESS. During partial evacuation of energy, it shall be injected into both the grid and the BESS parallely. In a year, at least 80% of gross generation of the solar plant should be stored in the BESS. Earlier this year, Energy Minister K.J. George had said that while work is on to increase the generation capacity of the Pavagada Solar Park by another 2,000 MW, BESS of around 2,000 MW also will be set up for proper utilisation of solar power.


Deccan Herald
30-05-2025
- Business
- Deccan Herald
Karnataka plans storage systems for efficient use of renewable energy
To address this concern and to ensure better use of the RE produced in the state, the Karnataka Renewable Energy Development Limited (KREDL) has planned a number of solar power projects which are integrated with the Battery Energy Storage System (BESS).