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Solar plant installed in SBT

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Press Trust of India Thiruvananthapuram
Last Updated : Sep 23 2015 | 11:58 PM IST
A 30 kWp solar power plant, the largest such installation in any bank in Kerala, has been set up at the Head Office of State Bank of Travancore (SBT) here.
The plant, inaugurated by Managing Director Jeevandas Narayan at a function here, is expected to reduce by 67 per cent power bills of the bank's Staff Training Centre by generating 120 units of non-conventional energy per day, a press release said.
The plant is the first project completed under the 'Solar Connect' programme of ANERT.
The expenditure of Rs 23 lakh, with a subsidy of Rs 9.63 lakh, is expected to be recovered within four years.
The implementation of the eco-friendly project under Green Banking Policy was done by Select Energy Systems, Chennai.
This project also enables reducing annual carbon dioxide by 21.6 tonnes.

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First Published: Sep 23 2015 | 11:58 PM IST

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