Money & Banking

Canara Bank to expand its rooftop solar power initiative

Our Bureau Bengaluru | Updated on June 18, 2019 Published on June 18, 2019

The public sector bank looks to set up rooftop solar plants at all of its properties across the country.

Bengaluru-based public sector unit Canara Bank, as part of ‘Go Green’ initiative, has installed and commissioned 50 KWp rooftop solar power plant at its Corporate Office in Bengaluru. With the intention to take forward the initiative to the next level, the bank now plans to set up similar rooftop solar power plants at all of its properties spread across the country.

Solar power represents a clean, green source of energy with no greenhouse gas emission and assumes significance given the national and international focus on usage of renewable and environmental friendly source of energy.

The bank has a dozen properties located at key cities such as Bengaluru, Bhopal, Chandigarh, Chennai, Dehradun, Hyderbad, Kolkata, Lucknow and Thiruvananthapuram have already been identified for the purpose and are in the advanced stages of consideration.

Published on June 18, 2019
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