Rajasthan, Gujarat Need Stronger Policies to Maintain Renewable Energy Lead: IEEFA
POWER & RENEWABLE ENERGY

Rajasthan, Gujarat Need Stronger Policies to Maintain Renewable Energy Lead: IEEFA

India's renewable energy leaders, Rajasthan and Gujarat, need to implement additional policy measures to maintain their momentum in the energy transition, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report urges both states to adopt green tariffs, green budgeting, and infrastructure funds to stay ahead in the renewable energy sector.

"Even frontrunners like Rajasthan and Gujarat must take corrective actions to avoid losing pace," said Vibhuti Garg, Director-South Asia at IEEFA. The briefing noted that while Gujarat has one of the highest green tariffs in India, Rajasthan lacks such incentives, limiting renewable energy demand.

Additionally, the report recommends integrating green budgeting into fiscal planning to prioritize renewable investments. Despite their leadership in distributed solar energy, Rajasthan’s and Gujarat’s solar capacities still account for only 7% and 15% of total energy, respectively.

To support large-scale green energy investments, IEEFA also suggested establishing dedicated infrastructure funds. The report emphasizes a multi-faceted approach, combining financial resources, market enhancements, and governance support to help the states meet ambitious renewable energy goals.

India's renewable energy leaders, Rajasthan and Gujarat, need to implement additional policy measures to maintain their momentum in the energy transition, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report urges both states to adopt green tariffs, green budgeting, and infrastructure funds to stay ahead in the renewable energy sector. Even frontrunners like Rajasthan and Gujarat must take corrective actions to avoid losing pace, said Vibhuti Garg, Director-South Asia at IEEFA. The briefing noted that while Gujarat has one of the highest green tariffs in India, Rajasthan lacks such incentives, limiting renewable energy demand. Additionally, the report recommends integrating green budgeting into fiscal planning to prioritize renewable investments. Despite their leadership in distributed solar energy, Rajasthan’s and Gujarat’s solar capacities still account for only 7% and 15% of total energy, respectively. To support large-scale green energy investments, IEEFA also suggested establishing dedicated infrastructure funds. The report emphasizes a multi-faceted approach, combining financial resources, market enhancements, and governance support to help the states meet ambitious renewable energy goals.

Next Story
Infrastructure Urban

bauma Inspires Progress

bauma reaffirmed its position as the heartbeat of the construction machinery industry. With 6,00,000 visitors and 3,601 exhibitors, the event spotlighted sustainability and digitalisation. Amid global challenges, it fuelled optimism, and future-ready solutions...

Next Story
Infrastructure Urban

IMPACCT.Info: AI Powered Business Intelligence

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read the full article Click Here ..

Next Story
Equipment

Better Concrete Handling

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select WellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?