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Power Equipment Manufacturing Scheme

Power Equipment Manufacturing Scheme

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In order to reduce import dependence with regard to power and renewable energy equipment and to promote the Atmanirbhar Bharat initiative, a “Scheme for Setting up Manufacturing Zones for Power and Renewable Energy Equipment” has been proposed.

It is proposed to set up three Manufacturing Zones over a period of three years. Assistance will be given to these Manufacturing Zones for the purpose of setting up of the Common Infrastructure Facilities (CIF) and Common Testing Facilities (CTF). The selection criteria for these Manufacturing Zones is yet to be finalized.

This information was given by Union Minister for Power and New and RenewabQle Energy , Shri R.K. Singh in a written reply in Rajya Sabha Today.

Anand Gupta Editor - EQ Int'l Media Network