The State government would soon come out
with a new renewable energy policy to encourage investments in the sector.
Under the proposed policy, land acquisitions and conversions from agricultural
to non-agricultural use would be simplified for those setting up solar plants,
said G V Balaram, Managing Director, Karnataka Renewable Energy Development
Limited (KREDL).
The draft policy has been submitted to the government. “Entrepreneurs who are
putting up solar plants need not wait for land conversion from agricultural to
non-agricultural purposes. We know that setting up solar energy plants is land
intensive, we have liberalised the norms,” he said.
