The Solar Power Policy 2012 announced by the Chief Minister on Saturday will give a new lease of life to the industries, especially the micro, small and medium-scale enterprises, according to R. Ramachandran, president of Coimbatore District Small Industries Association.

Mr. Ramachandran has said in a release that Coimbatore was the only city chosen for the solar city project. The association proposed to organise a renewable energy fair here on January next year. This would create tremendous business opportunity for all the solar equipment manufacturers.