Rajasthan is poised to become an energy-surplus state by launching its integrated clean energy policy, which aims to accelerate the state’s transition to renewable energy sources. The policy includes various incentives across various sectors, including solar, wind, green hydrogen, pump storage, battery storage, and bio-energy.
On November 20, 2024, the state government signed a series of Memorandums of Understanding (MoUs) worth ₹6.57 lakh crore with energy sector investors, marking a significant step toward transforming Rajasthan’s energy landscape. These agreements, signed during an energy pre-summit in Jaipur, will lay the foundation for several renewable energy projects expected to generate around 70,000 new jobs in the region.
Chief Minister Bhajan Lal Sharma highlighted Rajasthan’s strong potential in clean energy, citing the state’s current position as home to the world’s largest solar park with a capacity of 2,245 MW and its sunny climate, which enjoys over 325 days of sunshine annually. He emphasized that the new clean energy policy will further boost Rajasthan’s renewable energy capabilities, positioning it not only to meet its own energy needs but also to assist other states.
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The MoUs signed during the event propose the development of various renewable energy initiatives, including projects in solar, wind, green hydrogen, hybrid, pump storage, battery storage, and green ammonia. The agreements were made ahead of the Rising Rajasthan Global Investment Summit-2024, set to take place in December.
Minister of State for Energy Heeralal Nagar, Rajasthan Renewable Energy Corporation Chairperson Alok Gupta, Power Discoms Chairperson Aarti Dogra, and Chief Secretary Sudhansh Pant were also present at the pre-summit, underscoring the importance of these investments in propelling Rajasthan’s clean energy ambitions forward.
