As part of the diversification of PACS into MSCs, Karimnagar DCCB has emerged as the first bank in the country to take up solar power generation through PACS
Six MW of solar power would be generated through six PACS, including four in Peddapalli and two in Karimnagar district
Each MW of the solar plant was taken up at Rs 3.8 crore, with KDCCB providing loan of Rs 3.4 crore
Former DCCB chairman Konduru Ravinder Rao played a crucial role in the strengthening of PACS by diversifying its business activitiesÂ
KARIMNAGAR, AUGUST 23, 2026: As part of the diversification of Primary Agricultural Cooperative Societies (PACS) into Multi-Service Centres (MSCs), the Karimnagar District Cooperative Central Bank (KDCCB) has emerged as the first cooperative bank in the country to take up solar power generation through PACS in the integrated Karimnagar district.
Under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) scheme, driven by the Ministry of Cooperation and the Ministry of New and Renewable Energy, the Karimnagar DCCB has emerged as the first bank in the country to synchronise two Megawatts of solar power plants, viz one each in Gunjapadugu in Manthani mandal and Nandi Medaram in Dharmaram mandal in Peddapalli district, with the grid on Friday. The solar power plant was taken up to provide clean energy, extra income to farmers, and strengthen PACS.
The DCCB took up each megawatt of the solar power plant at Rs 3.8 crore and provided a loan of Rs 3.4 crore to PACS. The power purchase agreement was made with the NPDCL for 25 years at the rate of Rs 3.13 per unit. Each PACS would get an annual income of Rs 58 lakhs. Further, the DCCB has sanctioned a loan with 4% interest, repayable in 2 +26 quarterly instalments and 3% interest will be reimbursed up to Rs 2.00cr from AIF NABARD.
Three other PACS, viz Choppadandi, Appannapet and Kamalapur, are ready for synchronisation of the solar power plants of one MW each very soon. It may mentioned here that Peddapalli Collector Koya Sree Harsha has allocated four acres of land to four PACS in Nandi Medaram (Dharmaram mandal), Appannapet, Kalwa Srirampur and Gunjapadugu (Manthani mandal) for installation of solar power plants. While, the Choppadandi and Kamalapur PACS had their own land for the installation of solar plants.
Karimnagar DCCB CEO N Satyanarayana Rao said that two PACS in Gunjapadudu and Nandi Medaram have started generating two MWs of solar power and three other PACS viz Appannapet, Kalwa Srirampur and Choppadandi were ready for synchronization to the grid, and Kamalapur PACS will take another two months for completion of works synchronization with the power grid. NABARD DDM Jayaprakash and Peddapalli DCO Srimala and others monitored the steady progress of installation of solar power plants.
It may be mentioned here that Minister for IT and Industries Duddilla Sridhar Babu, along with former KDCCB and former NAFSCOB chairman Konduru Ravinder Rao, laid the foundation stone for the installation of a 1MW Solar plant at Gunjapadugu village, Manthani PACS in August 2025.
Mr Konduru Ravinder Rao, former Chairman of KDCCB and NAFSCOB, played a crucial role in the diversification of PACS into MSC. He was instrumental in strengthen of PACS by expanding their businesses into non-credit activities such as paddy procurement, sale of fertilizers, seed, pesticides, establishing water plants, supermarkets, petrol pumps etc.
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