Tapping solar power seems the best alternative for the job work powerloom owners in this part of the country.
With Canara Bank initiating a project to assist job work powerloom units operate the looms using solar power, they now seem convinced that this would be the ideal option to tide over power outages.
The trial run is on.
Meanwhile, E Boopathi, owner of a powerloom unit at Karanampettai in Palladam Taluk, Tirupur told Business Line that the pilot run indicated that it would go a long way in saving the job work powerloom owners tide over the power crisis. “We have been operating the solar system for about a week now. The system is being fine-tuned for increasing its efficiency further,” he said.
Owners of some of these units said that they would be able to save significant sums spent on diesel, apart from controlling production loss due to erratic power supply.
“The power situation has improved a bit because of the winds, the past few days. We are not sure how long this will last,” said Boopathi.
The industry in Coimbatore and Tirupur districts alone comprise of over 2 lakh plus powerlooms
U. Rameshkumar, General Manager, Canara Bank, Circle Office, Coimbatore, said that the scheme was conceived to bailout units that operated around 10 to 20 looms in this region.
“We are gearing up to assist such of these units set up an integrated solar power system of 4-6 Kw capacity. The response has been positive. We will extend finance support up to 90 per cent of the cost of the system at 13.25 per cent,” he said.
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