MNRE urges states to set up renewable energy equipment parks
- Posted By
10Pointer
- Categories
Environment
- Published
18th Apr, 2020
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- Ministry of New and Renewable Energy has initiated action towards setting up new hubs for manufacturing renewable energy equipment's to meet both domestic and global demand.
- Ministry has written to various state governments and various port authorities to identify land parcels of 50 to 500 acres for setting up such Parks.
- Tuticorin Port Trust, Madhya Pradesh and Odisha have already expressed their interest in setting up Renewable Energy Manufacturing Parks.
- At a time when many companies are shifting their manufacturing firms from China, it is time for India to bring policy changes for facilitating manufacturing in India.
- In tune with this, the Ministry has already set up Renewable Energy Industry Facilitation and Promotion Board to facilitate investment in the sector.
