Punjab deputy chief minister Sukhbir Singh Badal on Friday gave in-principle approval to establish the first-of-its-kind renewable energy project in the state by using industrial waste with the help of Hungarian technology.
The deputy chief minister approved this on the spot after a demonstration at a unit in Ersekvadkert (Hungary) by the scientists of Fakon Vallalkozasi KFT company showcasing the new technology of heating sulphur using photovoltaic cells to produce power, a spokesman here said.
Fakon Vallalkozasi managing director Laszlo Pakh assured the deputy CM that it would install a 1-MW renewable energy plant using the company's patented invention in Punjab within six months. He said the project would usher in a new revolution in the renewable energy business in Punjab.
Sukhbir also asked Fakon Vallalkozasi to come up with a plan to establish a manufacturing plant of these renewable energy machines so that they could be supplied throughout the country and even abroad.