Showing posts with label IIT-Bombay. Show all posts
Showing posts with label IIT-Bombay. Show all posts

May 18, 2014

Government, IIT-Bombay Launch Solar Project to Reduce Kerosene Subsidy

According to reports, the government has joined hands with IIT Bombay to implement cost-effective solar powered lighting solutions for rural population that will help save 36 million litres of kerosene and slash the subsidy bill on the polluting fuel by aboutRs 30,000 crore a year.

The scheme will be implemented jointly by the ministries of petroleum and new and renewable energy (MNRE), and funded through state-run oil firms’ corporate social responsibility (CSR) fund, government officials said. The ambitious programme will light up the lives of about 47% of the country’s population that lives mostly in villages, they said.