The government will set up ultramega renewable energy parks of a total of 50 gigawatt (GW) in Gujarat and Rajasthan in what could be the world’s largest renewable energy investment programme, people familiar with the development said. Industry majors such as Tata Power called it a quantum leap for green energy while experts also said the initiative poses a formidable threat to thermal power plants.
In a letter to all solar and wind developers, the new and renewable energy ministry said land would be made available for setting up solar, wind and wind hybrid plants and that the proposed parks have necessary clearances from state governments and the defence ministry, sources said. The ministry has identified Khavada in Gujarat and Jaisalmer in Rajasthan for renewable energy parks of 25,000 megawatt each, they said.
The ministry also said that the power ministry will be requested to strengthen transmission to these locations within 24 months for evacuation of power from these parks, they said. The government is already working on a 50 GW battery storage manufacturing plan.
Renewable energy firms have hailed the move and said setting up of such large capacity in phases is possible. Tata Power managing director Praveer Sinha said it is a great opportunity to leapfrog India’s quest for clean energy.
Source: Energy Infra Post
Image Courtesy: LiveMint
You may also like
-
When Trade Routes Become Weapons: Why BRICS Needs a Resilient Supply-Chain Architecture
-
India’s Trade With BRICS More Than Doubles to $417 Billion as Export Opportunity Expands
-
India and Uruguay Agree Trade and Connectivity Roadmap as Montevideo Ratifies International Solar Alliance
-
The Return of Multipolarity: Why the World Is Moving Beyond a Single Centre of Power
-
The Financial Chokepoint: Why BRICS Can No Longer Depend on SWIFT and the Dollar Alone