Five MoUs for investment of Rs 20,000 crore were signed in new and renewable energy sector for 2700 MW generation on the second day of Global Investors Summit 2016 in presence of Chief Minister Shivraj Singh Chouhan and union minister for petroleum and natural gas (Independent charge) Dharmendra Pradhan and energy minister Paras Jain in Indore.
In the session held after MoU ceremony, energy development Corporation chairman Vijenra Sisodia said that renewable energy sector is needed trained mechanic. Special attention should be given to training. He assured the investors that they will be given protection at political level. Investors were informed about prospects of investment in Madhya Pradesh in the special session.
Principal Secretary of New & Renewable Energy Manu Shrivastava, informed about achievements in last one decade in the sector. He said that many rebates are being provided to investors by forming a new policy in power generation through solar, wind, small water and biomass gas plants. land bank has been prepared for it. Discussing solar power project, the principal secretary informed that single site largest project of 750 MW capacity has been set up in Rewa. Financial help has been sanctioned from World Bank for the project. Power generated from the plant will be supplied to Delhi metro. He informed that power generation capacity was two MW in 2011-12 in solar energy and it reached to 770 MW in August 2016. Wind power generation was 314 MW in 2011-12 and reached 2226 MW in August 2016. Rajgarh, Neemuch, Mandsaur, Agar-Malwa, Shajapur, Morena, Chhatarpur, Rewa are identified as excellent place for solar energy production.
Regarding wind power, it was informed that projects of the capacity of Rs 6980 MW are in pipeline. Dewas, Ujjain, Shajapur, Ratlam, Mandsaur, Bhopal, Alirajpur, Dhar, Jhabua and Badwani have been identified as main places for wind power. Chairman of MP Power Distribution Company Sanjay Shukla informed investors that financial institutes have become liberal to provide loan because of prospects of new and renewable energy in the state.
He gave information on production and prospects of export of equipment to be installed in solar and wind energy in renewable energy sector.
Union Secretary, new and renewable energy department, Upendra Tripathi gave information on targets set by the Prime Minister in solar energy sector.
Sujlan, Region PowerTech, Welspun, Star, Sun Addition and Inox wind companies are working in new and renewable sector in the state.
The five MoUs which were signed, are of Indian Oil Corporation, Power Trading Corporation, New Delhi, NTPC, Niveli lignite Corporation, New Delhi and NHDC.