“We have now already overtaken Tamil Nadu because the primary state in producing wind energy. We’re presently positioned second amongst states in solar energy era. However with 30000 MW of renewable power park at Khavda in Kutch getting operationalised within the subsequent couple of years, Gujarat will overtake Rajasthan because the primary participant in photo voltaic power,” stated Mahesh Babu, managing director of Gujarat Energy Company Ltd (GPCL), the nodal company appointed by the state authorities for renewable power in Gujarat.
- Additionally learn: Adani Inexperienced Power launches 180-MW photo voltaic plant in Rajasthan; shares up
Specialists level out that 64.5 per cent of Rajasthan’s energy era capability comes from renewable power sources. That is a lot larger than the 47 per cent of renewable power combine current in Gujarat’s power basket.
Rajasthan produced 39,300 million items of inexperienced power within the first 10 months of 2023-24: a three-fold rise in comparison with the identical interval in 2019-20. As compared, Gujarat being the second largest producer of renewable power within the nation, produced 36,184 million items of inexperienced energy within the ten months of the present monetary yr. That is the double the quantum of inexperienced power the state produced throughout the identical ten-month interval in 2019-20.
- Additionally learn: Grasim secures ₹1,250 crore funding from IFC for inexperienced power initiatives
“India is slated to realize its renewable power targets forward of schedule and the federal government is predicted to revise the targets after the Lok Sabha elections finish. The sector is extra profitable than what it was 15 years in the past. Going ahead, aside from Rajasthan and Gujarat, states like Maharashtra and Karnataka are anticipated to draw extra renewable power initiatives,” stated a prime government of an organization implementing renewable power initiatives within the nation.
Southern states like Karnataka and Tamil Nadu that dominated the sector and have been the highest producers of renewable power in 2019-20, have subsequently slipped. Although renewable power makes up 67 and 55 p.c of the full power basket of Karnataka and Tamil Nadu, respectively — a lot larger to that of Rajasthan and Gujarat — the renewable power sector in Karnataka grew by 83 per cent, whereas that in Tamil Nadu grew by 88 per cent throughout the five-year interval between 2019-23.
Karnataka produced 33,500 million items within the ten-month interval and stands in third place, adopted by Tamil Nadu with 29,000 million items of inexperienced energy. Among the many prime largest renewable power producing states, Andhra Pradesh grew the slowest, registering simply 28 p.c development since 2019. Maharashtra, which presently has the very best quantum of thermal energy (28,916 MW), grew by virtually 61 per cent in renewable power manufacturing within the final 5 years.
Firms like Torrent Energy are taking a look at states like Gujarat, Maharashtra and Karnataka to execute their 1.7 GW of renewable power initiatives which are below development. Just lately the corporate introduced to arrange 306 MW of grid-connected Photo voltaic Energy initiatives at 48 places throughout Nasik district in Maharashtra at a price of ₹1540 crore.
Mumbai-based Avaada Group which introduced organising of a 421 MW photo voltaic venture in Gujarat earlier this month stated it was seeking to leverage the ISTS connectivity within the state. “The deliberate initiatives — situated in underdeveloped wastelands of Kutch — are anticipated to generate round 17.5 billion items of inexperienced electrical energy yearly. By means of this venture, we goal to not solely utilise the ample photo voltaic sources of Gujarat, but in addition contribute to India’s renewable power objectives,” Vineet Mittal, Chairperson of Avaada Group added.
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