Goa CM urges state departments to engage with IREDA for RE projects

Sawant has urged state departments & agencies to collaborate with IREDA as it aims to generate 100% of its electricity through RE sources by 2050
Goa CM urges state departments to engage with IREDA for RE projects
Goa CM urges state departments to engage with IREDA for RE projects

New Delhi: Goa's Chief Minister Pramod Sawant has urged state departments and agencies to collaborate with IREDA as Goa aims to generate 100 percent of its electricity through renewable energy sources by 2050. Addressing the 'CII Goa Conference on Clean Renewable Energy' in Panaji on Friday, Chief Minister of Goa urged the departments and agencies of the state to sign an MoU with the IREDA for faster development of renewable energy in Goa, said a statement issued by Ministry of New and Renewable Energy (MNRE).

Goa aims to generate 100% electricity through RE sources

Goa aims to generate 100 percent of its electricity through renewable energy sources by 2050. This will require an investment of around Rs 1.30 lakh crore and can generate up to 15,000 direct and indirect jobs, it added.

In his address, IREDA CMD Pradip Kumar Das emphasised the significance of green finance and the need to focus on innovative financing mechanisms to accelerate the deployment of new and emerging renewable energy technologies such as green hydrogen, green ammonia and e-mobility.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

logo
PSU Watch
psuwatch.com