Policy measures such as deviation settlement mechanism, grid connectivity regulations, and ancillary services regulations are being issued to ensure efficient renewable integration and grid stability
The efforts include installations such as micro-grid solar power plants, solar street lighting systems, and rooftop solar panels on government buildings across the state
Promoting localisation helps reduce dependence on imported components and fosters a self-sustaining industry, driving export growth and cementing India's position as a global leader in the EV revolution: Tarun Mehta Ather Energy Co-founder & CEO
Out of the total credit by Exim Bank under the agreement, goods, works and services of the value of at least 75 per cent of the contract price shall be supplied by the seller from India, and the remaining 25 per cent of goods and services may be procured by the seller for the purpose of the eligible contract from outside India
Earth's global surface temperature has already increased by around 1.2 degrees Celsius compared to the average in 1850-1900 due to the rapidly-increasing concentration of greenhouse gases primarily carbon dioxide and methane, in the atmosphere
Spread over 1 million square feet of large manufacturing sheds, the project will enable the textile facility to utilise green energy, resulting in an estimated annual saving of 17 million kWh of power
A potentially large auto market and the expansion strategies of EV makers could make these tier 2 cities the next big demand centre for EVs, while in smaller cities with limited awareness and disposable income, policy support will be crucial in amplifying EV sales
This new project will be located in Rajasthan and connected to the central grid, with an expected clean energy generation sufficient to power around four lakh households annually