08.12.2015 Views

Green Energy Fund (Akshaya Shakti Nidhi) in Karnataka

The Government of Karnataka has proposed to create a Green Energy Fund, called Akshaya Shakti Nidhi by levying access to commercial and industrial consumers of energy. It would be utilized for financing of renewable energy and energy efficiency projects in the state. The brief study conducted by the Shakti Sustainable Energy Foundation highlights the Fund modalities as planned and its current status. See more at: http://shaktifoundation.in/work/climate-policy/

The Government of Karnataka has proposed to create a Green Energy Fund, called Akshaya Shakti Nidhi by levying access to commercial and industrial consumers of energy. It would be utilized for financing of renewable energy and energy efficiency projects in the state. The brief study conducted by the Shakti Sustainable Energy Foundation highlights the Fund modalities as planned and its current status. See more at: http://shaktifoundation.in/work/climate-policy/

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An <strong>in</strong>itiative supported by<br />

<strong>Shakti</strong> Susta<strong>in</strong>able <strong>Energy</strong> Foundation works to strengthen the energy security of the country by aid<strong>in</strong>g the design and<br />

implementation of policies that encourage energy efficiency as well as renewable energy.<br />

The views/analysis expressed <strong>in</strong> this report/document do not necessarily reflect the views of <strong>Shakti</strong> Susta<strong>in</strong>able <strong>Energy</strong><br />

Foundation. The Foundation also does not guarantee the accuracy of any data <strong>in</strong>cluded <strong>in</strong> this publication nor does it<br />

accept any responsibility for the consequences of its use.

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