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Web Exclusive | February 2017

Budget Reaction | Su-Kam

“Honestly when Finance Minister Arun Jaitley announced the series of measures in Budget 2017-18 to promote clean energy, access to power and energy security, we as a company are looking forward about its future scope. This thought will result in 20 GW of solar capacity addition to which it will add on to higher spending on rural electrification.

Su-Kam would be standing with Jaitley’s initiative of full electrification of 18,452 villages which were identified in 2015 and that will be achieved by March 01, 2018, for which an extra Rs 4,814 crore will be spent in the next financial year. Also with the announcement of setting up of 20 GW of solar power capacity and feeding 7,000 railway stations with solar power, giving a major impetus to the shift to clean energy.

Solar energy initiatives, with the help of our government policies and the depreciating global prices, is now at an escalating point where it can compete on its own against other forms of conventional energy sources.”
- Sanjeev Saini, Director (Technical), Su-Kam

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