MP to get Rs2,100 crore to promote renewable energy

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Madhya Pradesh has been included in green corridor of the country. As a result, Madhya Pradesh will get Rs2,100 crore for promoting renewable energy. Keeping in view unprecedented progress in the State in renewable energy sector, 13th Finance Commission will provide about Rs225 crore to the State as a reward. This information was given at a meeting held to review activities of renewable energy projects and policies at Mantralaya here on Thursday.

Directing to promote renewable energy projects systematically, Chief Minister Chouhan held discussions on various issues, including project cost and requirement of land. The meeting was informed that investment proposals for projects worth Rs1.13 lakh crore have were at Global Investors Summit. National companies NTPC, Coal India, MOIl and NAlCO have also given proposals for projects.

Solar energy capacity in the state increased by 306 MW during year 2013-14, which is the highest in any state of the country in a year.

Rewa, Rampura (Neemuch) and latur (Shajapur) have been identified as the most suitable places for installing ultra mega solar projects.

The meeting was informed that solar and wind energy capacity in the State increased by 227 per cent from year 2012 to 2014. Established capacity of renewable energy has increased to 992 MW. Possibilities of wind energy have increased. Presently, 7678 renewable energy projects are under process.

Renewable Energy Minister Rajendra Shukla, Chief Secretary Anthony de Sa, Additional Chief Secretary Renewable Energy SR Mohanthy, Energy Development Corporation’s MD Gauri Singh and senior officers were present on the occasion.

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