Power Finance Corporation spends its CSR on Renewable Energy project at rural school Akal Academy, Reeth Kheri, Patiala. PEDA implements the First 5 KW Solar Photo Voltaic Power Plant. Power Finance Corporation (PFC), a leading Navratna Public Sector Undertaking of Govt. of India has been consistently rated as ‘Excellent’ for its performance. Recently, PFC decided […]
Power Finance Corporation spends its CSR on Renewable Energy project at rural school Akal Academy, Reeth Kheri, Patiala. PEDA implements the First 5 KW Solar Photo Voltaic Power Plant.
Power Finance Corporation (PFC), a leading Navratna Public Sector Undertaking of Govt. of India has been consistently rated as ‘Excellent’ for its performance. Recently, PFC decided to fund a CSR project of Punjab Energy Development Agency (PEDA) to bring Renewable Energy Solar Photo voltaic Power Plants in Punjab’s rural schools chain of Akal Academies run by The Kalgidhar Trust, Baru Sahib.
PFC was set up in 1986 as a Financial Institution (FI) dedicated to Power Sector financing and committed to the integrated development of the power and associated sectors. PFC has entered its Silver Jubilee Year in 2010, is a Schedule-A, Nav-Ratna CPSE in the Financial Service Sector, under the administrative control of the Ministry of Power.
Punjab Energy Development Agency was formed in as a state nodal agency for promotion and development of renewable energy programmes/projects and energy conservation programme in the state of Punjab under Mr Bikram Singh Majithia, Minister for Environment & non-Conventional Energy.
PEDA began the successful installation of the First 5 Kilo Watt Solar PhotoVoltaic Power Plant at Akal Academy, Reeth Kheri, Patialarecently as an initial push to the implementation plan.Akal Academy, Reeth Kheri will benefit from this Solar Plant where this solar plant will help cater to the energy needs at the academy and the hostel with reduced electricity bills and energy efficient classrooms! The objective of the project is to provide clean energy for affordable lighting, fans and uninterrupted hours of functioning of computers.
“As of now we will be installing Solar Systems in 45 of the Akal Academies out of 98 in Punjab. Today we are here to set up the first Solar System at Akal Academy, Reeth Kheri. Till date we have installed the largest standalone Solar System of 200 KW at Akal Academy, Baru Sahib. We wish to thank Mr MK Goel, CMD, PFC and PEDA for supporting this cause”, said Mr. MP Singh, Advisor – Solar toKalgidhar Trust, which runs 129 rural schools.
“This gives me a great pleasure to announce that Akal Academy, Reeth Kheri is the first school in Punjab to avail the benefits of the Solar System that has been installed here. Our campus holds around 1900 students with the hostel facilities as well, a campus this big running on solar power will add on to our contribution in saving environment.” mentioned,Principal – Akal Academy Reeth Kheri.
About 45 similar SPV projects have been commissioned for Akal Academies placed in different districts of Punjab. Hail the efforts that have been initiated!
Want to help contribute in this cause of rural Transformation? You can do it here – http://barusahib.org/donate/
~ Deeksha Singh
~ New Delhi, 18th Dec ’13