The 111th meeting of the Board of Directors of Rajasthan Renewable Energy Corporation was held at the corporation headquarters under the chairmanship of Dr. Subodh Agarwal, Chairman and Managing Director.
In the meeting, Dr. Aggarwal informed that the corporation has earned a net profit of Rs 23.36 crore in the financial year 2019-20. The Board of Directors has recommended a total of 10 per cent of the paid-up capital of the corporation as a dividend of Rs 1.29 crore to the State Government.
He said that in the series of implementation of Rajasthan Solar Energy Policy-2019 and Budget Announcement 2020-21 released by the state government, such rural areas of the state where there is no availability of electricity or lack of continuous supply of electricity or local The bodies are unable to pay electricity bills, where 200 small drinking water supply sources will be selected and solarized as a pilot project by Rajasthan Renewable Energy Corporation.
Dr Aggarwal said 2 HPs are required at every small drinking water supply source. From 12.5 hp Solar pumps of capacity will be installed. With this scheme it will be possible to ensure the availability of drinking water in rural areas smoothly. He said this scheme will be implemented by the corporation in coordination with Public Health Engineering Department and it is likely to cost about Rs 8 crores, which is allowed to be borne by Rajasthan Renewable Energy Corporation in the 111th meeting of the board of directors of the corporation has been.