Friday, April 26, 2024
pwcl24ban 728x90 b v3 pw india

Maharashtra to promote renewable energy generation: Dr Nitin Raut

Subscribe to YouTube Channel

Subscribe to Mojo4Industry YouTube Channel and get Latest Industry Updates. Do press Bell Icon to get automated notifications whenever new video is uploaded.

Must Read

CJI Porcelain aims for Rs. 200-cr turnover by 2025

CJI Porcelain aims for Rs. 200-cr turnover by 2025 What CJI stands for and what exactly they are doing in...

HARTING Unveils Vision for “All Electric Society” at HANNOVER MESSE Preview

HARTING Unveils Vision for "All Electric Society" at HANNOVER MESSE Preview In a bid to shape the future landscape of...

Why adopting Factory Automation is essential

Why adopting Factory Automation is essential India's factory automation adoption exhibits a promising upward trend; however, it is evident that...

Maharashtra to promote renewable energy generation: Dr Nitin Raut

The Mahavikas Aghadi Government is committed to generate 40 per cent of its energy from renewable sources by 2030 by encouraging the public private partnership, said Dr Nitin Raut on Thursday while delivering a key note address at a webinar organised by Federation of Indian Chambers of Commerce and Industries.

Dr Raut said production of Solar Energy compared to the conventional energy had become much cheaper due to technological advances. The clean energy was environment friendly and would help in pollution reduction.

He informed that the newly formed Renewable Energy Policy by the state government would attract investment worth Rs 75 thousand crores. Those desirous to invest in RE projects would be provided all kinds of the support and would be given clearances for RE projects at the earliest. This would help in generating employment, he added.

This new Policy aimed to promote private and public participation in this sector. Solar projects of 17385 MW capacity would be commissioned in the next five years as a part of the new RE policy, he informed.

He said Maharashtra Energy Development Agency (MEDA) was appointed as the nodal agency for the implementation of the RE policy. All non-conventional energy generation projects would be registered with MEDA. The grid connected solar power projects would be implemented by the MSEDCL while off grid projects would be implemented by the MEDA.

He said care was taken that the permits, approvals, consent etc. pertaining to various administrative departments of the State Government were issued through a single window system by the MEDA on fast track

Considering the potential of renewable energy generation in the state, the Mahavikas Aghadi Government had set a target of generation of 25000 MW power from non-conventional sources by the year 2025, he informed.

He said the applicants would be issued documents and certificates through a single window system after they unloaded the relevant documents. For the mega projects, MEDA would appoint a dedicated liaisoning officer for the investors investing amount of Rs.1500 crore or more.

Due to the technological advancement the RE power was becoming cheaper and cheaper, he said and added that due to the burden of cross subsidy industrial power tariff were much higher in the state which had become a major hindrance for development of industries. However RE would help to reduce the cross subsidy burden reducing the tariff rates. Hence the state government was committed for the implementation of the RE policy.

The principal secretary of energy and CMD of MSEDCL Aseem Gupta, Chairman of FICCI Ranjit Gupta, general secretary Dilip Chenoy and other participants form various parts of the country participated in the webinar.

Subscribe to our Newsletter

Keep up with the latest industry news in India and around the world by subscribing to our industrial news update. This way, you'll always be in the know about what's happening in your industry, and you can stay ahead of the competition.

Digital Vs Print Media
mojo4industry on google news

Tech Talks

Engineer Woman Award goes to Yvonne Groth

Engineer Woman Award goes to Yvonne Groth Dipl.-Ing. Yvonne Groth was honored with the Engineer Woman Award at the opening...
hm24 socials energizing story 1080x1920px gb mlogo
mojo4industry podcast episodes click here to listen