Due to high land cost and banks' reluctance in financing renewable power projects, Punjab has not been able to tap solar energy optimally despite abundant sunshine.
Experts say, for a solar power project to be financially viable, land cost should not be more than Rs. 2 lakh per acre. But even in backward areas of Punjab, an acre costs more than Rs. 15 lakh.

Perumatty grama panchayat in the district has become famous for its successful fight against groundwater depletion by soft drink giant Coca-Cola. Now, another laurel is within reach.

Minister for Science and Technology, Animal and Sheep Husbandry, Aga Syed Ruhullah today said that Government has taken up a mega project of providing solar home lights to 40,000 un-electrified households of remote and far-flung areas which include Doda, Reasi, Ramban and Kupwara.

The Minister was addressing an officers meeting of Science and Technology here today.

The Minister further said

Patient capital can help provide reliable and green electricity to the rural poor