The state of Rajasthan in India has a great potential for domestic manufacturing and import substitution in the energy sector. “All this offers tremendous opportunity for stimulating domestic manufacturing and import substitution in the energy sector”, said N.K. Jain, Chairman, FICCI Rajasthan. The government of India has released its roadmap to achieve 175 GW capacity in renewable energy by 2022, which includes 100 GW of solar power and 60 GW of wind power. There are 7 to 8 states in India that are suitable for generation of wind energy but Rajasthan has an advantage that alternative economic usage of the land having wind potential is limited and therefore it becomes easy to set up wind power plants.
"The industrial infrastructure, connectivity and generation potential in Rajasthan provides immense opportunity for manufacturing and import substitution in the solar sector", says Manish Gupta, Director, Insolation Energy. There are around 12 equipment/elements used in a solar power project which can be manufactured locally out of which around 10 elements can be manufactured by MSMEs with limited capital investment, he added.
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