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The Hindu
The Hindu
National
Jahnavi T. R.

Karnataka Budget: Renewable energy projects get big push

A 300 kw self-sustained Green Hydrogen plant will be installed by Karnataka Renewable Energy Development Limited (KREDL) to attract more investment to the Green Hydrogen sector, Chief Minister Siddaramaiah announced in his Budget speech on Friday.  

The plant will be installed on a pilot basis at a cost of ₹10 crore using Ministry of New and Renewable Energy (MNRE) funds. While expressing the government’s commitment to make Karnataka a pioneer in energy production, this year’s Budget focussed majorly on renewable energy projects. “Renewable energy constitutes 63% of the total energy generated in the State,” he said.

He also a proposed Ultra High Voltage (UHV) transmission lines of 765 kV capacity, which will be laid by Karnataka Power Transmission Corporation Limited (KPTCL) to enhance the production of renewable energy on a larger scale and to transmit that energy to load centres and Green Hydrogen hubs.  

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