Rajasthan's Clean Energy Initiative: Promoting Investment and Self-Reliance
Key Ideas
- Rajasthan Chief Minister Bhajanlal Sharma announces the upcoming Clean Energy Policy 2024, focusing on non-renewable sources and offering incentives in newer segments like green hydrogen and bioenergy.
- MoUs worth Rs 6.57 lakh crore exchanged at the pre-summit, targeting projects in renewable energy sectors such as solar, wind, green hydrogen, and more, aiming to create around 70,000 new jobs.
- The state aims to become self-reliant in energy, leveraging its resources like the world's largest solar park and abundant sunshine to attract investments and become an energy-surplus region.
- The 'Rising Rajasthan' Global Investment Summit 2024 in Jaipur will further promote global investment, innovation, and partnerships in renewable energy, emphasizing on-ground implementation and monitoring.
Rajasthan's Chief Minister, Bhajanlal Sharma, has unveiled plans for the Clean Energy Policy 2024 during the Rising Rajasthan Global Investment Pre Summit in Jaipur. The policy is set to focus on non-renewable energy sources and will introduce new incentives for segments like green hydrogen, pump storage, battery storage, and bioenergy. With the goal of achieving self-reliance in energy production, the state aims to meet the power demands of not just Rajasthan but also other states. During the pre-summit, Memorandums of Understanding (MoUs) worth Rs 6.57 lakh crore were exchanged, primarily in the renewable energy sector. These MoUs propose various projects in solar, wind, green hydrogen, hybrid, pump storage, battery storage, and green ammonia. It is estimated that the implementation of these investments will create about 70,000 new jobs in the state. Rajasthan, known for hosting the world's largest solar park and receiving abundant sunshine, presents attractive opportunities in renewable energy. The state envisions becoming energy-surplus, catering to the needs of neighboring states and countries. The upcoming 'Rising Rajasthan' Global Investment Summit in December aims to further boost investments, innovation, and partnerships in the renewable energy sector, with a focus on ensuring the swift implementation and monitoring of the investment plans.