State Bank of India to set up windmills
SBI is the first Bank in the country to think of generating green power as a direct substitute to polluting thermal power and implement the renewable energy project for captive use.
State Bank of India, as part of its Green Banking Policy, would set up windmills to generate 15 MW of power in Tamil Nadu, Maharashtra and Gujarat for its consumption.
SBI chairman would inaugurate the windmills set up at Panapatti village in Tamil Nadu’s Coimbatore district on April 23, a SBI press release said.
The mill in Tamil Nadu would generate 4.5 MW of power, while the Maharashtra mill would have a capacity of 9 MW and Gujarat 1.5 MW, the release said.
SBI was the first Bank in the country to think of generating green power as a direct substitute to polluting thermal power and implement the renewable energy project for captive use, the release added.