Govt. Working to Develop 17 Solar Cities, Announces PM Modi at RE-INVEST, Gandhinagar
Highlighting the business potential in India’s renewable energy sector and government policies to fasten the country’s transiting to green energy, Prime Minister Narendra Modi assured guaranteed better returns for investors, while inaugurating the 4th Global Renewable Energy Investor’s Meet and Expo (RE-INVEST) at Mahatma Gandhi Mandir in Gandhinagar.
September 16, 2024. By Mrinmoy Dey
The three-day meet is witnessing participation from across the country and abroad and showcasing cutting-edge innovations from public and private sector companies, start-ups, and major industry players.
Modi said that the government is developing Ayodhya as a model Solar City. Many facilities and houses in Ayodhya were energised by solar energy, while a large number of solar street lights, solar intersections, solar boats, solar water ATMs and solar buildings could also be seen in Ayodhya.
Modi further pointed out that the Government had identified 17 such cities in India to be developed as solar cities in a similar manner. He added, “There were plans to make the agricultural fields, and farms a medium of solar power generation.” He highlighted that today farmers are being helped to install solar pumps and small solar plants for irrigation.
Throwing light on the developments in the green energy sector in the last 100 days, the Prime Minister mentioned the initiation of a Viability Gap Funding scheme for offshore wind energy projects worth more than INR 7,000 crore. He said that India is working towards producing 31,000 MW of hydropower in the coming times with an outlay of INR 12,000 crore.
The Prime Minister said India is the first G20 nation to achieve the climate commitments set in Paris, that too nine years before the deadline. He outlined the nation’s goals to achieve the target of 500 GW of renewable energy by 2030 and said that the government has turned the green transition into a people’s movement.
He added that India was very well aware of its energy needs and requirements to make it a developed nation by 2047. “India had decided to build its future on the basis of renewables like Solar Power, Wind Power, Nuclear and Hydro Power, as there was a dearth of reserves of oil-gas,” stated Modi.
He also talked about the PM Surya Ghar Muft Bijli Yojana where the government funds a Rooftop Solar Setup for every family and helps in installation. “Through this scheme, every household in India becomes a power producer. More than 1 crore 30 lakh families have registered under the scheme and installation work has been completed in 3.25 lakh houses so far,” informed Modi.
He further stated that PM Suyra Ghar scheme is becoming a medium of employment generation and environment protection generating around 20 lakh jobs.
PM Modi informed that the government aims to prepare three lakh youth as skilled manpower under this scheme. Out of these, one lakh youth will be Solar PV Technicians. “Every 3 kW of solar electricity generated will prevent emission of 50-60 tonnes of carbon dioxide,” he said, noting the contributions of every family in fighting climate change.
Noting the increasing demand for renewable energy in India, the Prime Minister underlined that the government is formulating new policies to meet this demand and providing support in every way.
He also highlighted the tremendous opportunities for investors not only in energy generation but also in the manufacturing sector. “India is striving for complete ‘Made in India’ solutions and creating many possibilities. India is truly a guarantee of expansion and better returns,” asserted Modi, inviting investments in India's green transition.
The 4th RE-INVEST will feature a two-and-a-half-day conference attracting delegates from around the world. There will be an exhibition which will showcase cutting-edge innovations from public and private sector companies, start-ups, and major industry players.
“The inauguration of RE-INVEST by Prime Minister Modi marks a historic milestone in India's transition to a clean energy economy. This event serves as a powerful platform to galvanise the nation's collective efforts towards achieving our ambitious climate targets,” said Gyanesh Chaudhary, Chairman and Managing Director, Vikram Solar.
Germany, Australia, Denmark and Norway are taking part in the event as partner countries. Gujarat is the host state and Andhra Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Telangana and Uttar Pradesh are participating as Partner States.
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