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India - September 16, 2024

India aims to lead the world: Prime Minister Shri Modi

Prime Minister Shri Narendra Modi has said that 140 crore Indians are working with the resolve to make India one of the world’s top three economies. India’s diversity, expansion capacity, and efficiency have a distinct identity and recognition worldwide. That is why we talk about Indian Solutions for Global Application. Today representatives of the country and the world have gathered to discuss the future of green energy. Prime Minister Shri Modi said that today’s program is part of the action plan to make India a developed country by 2047. ‘Green Future and Net Zero’ are not fancy words, it is the commitment of India and its every state. India is laying the foundation for today and for a thousand years to come. Our aim is not only to reach the top of the world but also to stay there. We are well aware of our energy needs, we also know that India is not self-sufficient in energy, hence we decided to build the future on the strength of solar energy, wind energy, and hydropower. Prime Minister Shri Modi was addressing the launching program of the 4th Global Renewable Energy Investors Meet and Expo in Gandhinagar, Gujarat.

CM gives presentation on solar energy-related works

Chief Minister Dr. Mohan Yadav gave a presentation on the work being done in the field of clean and green energy in Madhya Pradesh at the fourth Global Renewable Energy Investors Meet and Expo ceremony. Chief Minister Dr. Yadav said that Madhya Pradesh has the power to make the impossible possible. We are determined to work committedly to realize the dreams of Prime Minister Shri Modi. Gujarat Governor Acharya Devavrat and chief ministers of other states also attended the program.

Rewa solar project is taught as a case study at Harvard University

While addressing the session of Re-Invest 2024, Chief Minister Dr. Yadav said that Madhya Pradesh has the power to make the impossible possible. In 2012, the renewable energy capacity in the state was less than 500 MW, but due to the formation of a separate department in the state and as a result of policies and various incentives, the renewable energy capacity of the state increased by more than 14 times in the last 12 years and today, renewable energy contributes 21 percent to the state’s total energy capacity. Madhya Pradesh is also a leading state in innovation in the renewable energy sector. Large solar energy parks were established under the Rewa Solar Project. From here, solar energy which is cheaper than coal-produced energy has been made available in the country for the first time. Rewa Solar Plant provided electricity to Delhi Metro and has been recognized globally as a model project. The project is also taught as a case study at Harvard University. The country’s lowest tariff at Neemuch Solar Park of Agar-Shajapur-Neemuch Solar Project is Rs 2.14 per unit.

Solar rooftops on all government buildings by 2025

Chief Minister Dr. Yadav said that a 1500 MW capacity solar park is under construction in Agar-Shajapur-Neemuch. The world’s largest floating solar project of 600 MW capacity is being developed at Omkareshwar on the Narmada river. Panels for 200 MW project have been installed in it. This project will also reduce water loss due to evaporation. The target is to install solar rooftops on all government buildings by 2025 in mission mode. 15 thousand hectares of land has been identified in Agar, Dhar, Ashoknagar, Bhind, Shivpuri, and Sagar districts, where 7 thousand 500 MW solar energy capacity will be installed. The target is to install 3 thousand MW of wind energy in Ujjain, Agar, Dhar, Mandsaur, and Ratlam. The state government is considering making necessary changes in the existing pumped hydro action plan of the state for the smooth development of pumped hydro energy storage projects so that investors can easily invest in the state.

Concessions being given to encourage renewable energy

Chief Minister Dr. Yadav said that to encourage renewable energy, a 227.54-acre state-of-the-art manufacturing zone is being established in Narmadapuram, Madhya Pradesh for Rs 464.65 crore. The state government is providing attractive incentives on land, electricity, and water rates in this zone. Under this, land will be allotted at a token amount of Re 1, and the annual rate of lease rent will be Re 1 per square meter. There will be a discount of Rs 4. 36 paise per unit in electricity rate for the first 5 years, along with many other types of concessions that will also be given by the state government.

CMs of Gujarat, Andhra, Rajasthan, Chhattisgarh and Goa, ministers of Germany and Denmark take part

Those who took part in the program are the Chief Minister of Gujarat Shri Bhupendra Bhai Patel, Chief Minister of Andhra Pradesh Shri Chandrababu Naidu, Chief Minister of Rajasthan Shri Bhajanlal Sharma, Chief Minister of Chhattisgarh Shri Vishnudev Sai, Chief Minister of Goa Shri Pramod Sawant, Union Minister of New and Renewable Energy Shri Prahlad Joshi and Union Minister of State Shri Shripad Naik along with Energy Ministers of many states. Along with this, representatives of many countries including Germany’s Economic Corporate Minister and Denmark’s Industry Business Minister were also present.

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