In a move to solemnize its commitment towards having a green future, National Bank for Agriculture and Rural Development (NABARD) today entered into a memorandum with Solar Energy Corporation of INDIA (SECI) to install rooftop solar systems on its premises across the country.
The pact was signed in the presence of Harsh Kumar Bhanwala, Chairman, NABARD and Jitendra Nath Swain, MD, SECI in New Delhi.
The initiative is expected to generate about 4 MW solar power for the institution’s own consumption. Surplus power, if produced, will be supplied to discoms. The move is in line with NABARD and the Union government’s ongoing effort to promote clean energy.