An official said the subsidy will be reviewed every year to reduce the overall burden. “One of the major reasons why spinning mills incur losses is the higher power tariffs in Maharashtra compared to other States. So we want to encourage spinning mills to set up solar power plants. It will reduce the power bills,” the official said. The official said that, “In the new Textile policy 2018-23, approved in February, the department has decided to give power subsidy of Rs. 3 per unit to cooperative spinning mills for three years. We have also given subsidy to other textile projects. Within this period of three years, the cooperative spinning mills and textile projects are expected to set up non-conventional power projects in their premises to fulfil their power needs.”
