The Karnataka Renewable Energy Development Ltd. (KREDL) is considering the possibility of making solar energy available in remote hamlets at around 90 per cent subsidised rate. Disclosing this while addressing members of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI), KREDL managing director G.V. Balaram said the idea was to get 60 per cent subsidy from the Power Finance Corporation (PFC) in addition to the 30 per cent subsidy from the Ministry of New and Renewable Energy.
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