BANGALORE: The no-incentive policy and many clearances to be
obtained from various organizations is proving to be deterrent in Karnataka's
solar sector investments. But the state government says the new solar policy is
'liberal' and 'attractive'. The policy has been formulated and is to be
presented before the Cabinet on Thursday.
Speaking at the curtain raiser of Green Summit 2014, to be held at Manpho
Convention Centre and White Orchid between June 5-7, state minister for Energy
D K Shivakumar said that they are aware of the problems in the sector and are
looking into it. The industry too is putting a lot of pressure on the state to
incentivize the policy which will give the investors a better return.
