Kerala Budget 2026-27: Community-level solar energy production and storage to be promoted

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Finance Minister K.N. Balagopal connected Thursday announced successful the 2026-27 State Budget a strategy for promoting community-level star vigor accumulation and retention successful a bid to marque grama panchayats self-sufficient successful vigor generation.

A aviator task volition beryllium implemented successful Perinjanam successful Thrissur territory successful this regard, helium said. The State Budget besides announced a caller task for allocating ₹1 crore each to panchayats that instrumentality up this scheme. “Facilities for retention and organisation of star vigor volition beryllium created,” Mr. Balagopal said. For 2026-27, the Budget has earmarked ₹2 crore.

Allocation increased

The allocation for the powerfulness assemblage has been accrued to ₹1309.84 crore successful 2026-27. Out of this, ₹1,238.8 crore is acceptable isolated for the Kerala State Electricity Board (KSEB) for powerfulness assemblage improvement and ₹71.04 crore for non-conventional and renewable vigor sources.

For 3 projects - Battery Energy Storage Systems (BESS), installation of astute meters and pumped retention projects (PSP) - the Budget has earmarked ₹5 crore, ₹31.22 crore and ₹5 crore respectively. Other large allocations see ₹7 crore for the installation of star powerfulness systems for distant tribal settlements, and ₹7.18 crore for greenish hydrogen projects.

The Budget has besides earmarked ₹9.36 crore for Electrical Inspectorate for implementing of electrical information activities.

Published - January 29, 2026 08:39 p.m. IST

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