Mumbai, Nov. 10 -- Rajasthan Chief Minister Bhajan Lal Sharma has invited domestic and international companies to invest in the state's renewable energy sector, with the government targeting approximately 125 GW of renewable energy capacity by 2030. The proposed expansion covers solar and wind generation, hybrid renewable energy projects and energy storage infrastructure.
Sharma held a roundtable meeting with more than 50 investors at the Bharat Renewable Energy Summit and Expo (BRE) 2026 in New Delhi. Representatives of Brookfield, ReNew, Aditya Birla Renewables, Jindal Group and Avaada attended the discussions, which were held in the presence of Union Minister for New and Renewable Energy Pralhad Joshi. Rajasthan Minister of State for Energy Heeralal Nagar and Chief Secretary V Srinivas also participated.
The chief minister outlined Rajasthan's renewable energy potential, including more than 51,000 MW of installed renewable energy capacity and over 45,000 MW of solar power capacity. The state is seeking to build on its position in renewable energy generation and solar installations by attracting developers, manufacturers and other investors.
The government has introduced the Rajasthan Integrated Clean Energy Policy and issued a Right to Use policy to make land available for large renewable energy projects. Investors can also access incentives under the Rajasthan Investment Promotion Scheme 2024, providing a policy framework intended to support project development and improve access to land.
Rajasthan is also preparing to expand energy storage capacity to address the intermittent nature of solar generation. An action plan has been prepared to use surplus solar power and manage electricity demand during peak hours, supporting the integration of additional renewable generation into the power system.
BRE 2026, held from November 2 to 5 under the theme Invest. Innovate. Inspire., brought together participants from more than 130 countries and over 400 exhibitors. The summit showcased technologies across solar and wind power, green hydrogen and energy storage, while 13 states and Union Territories presented their renewable energy potential and investment opportunities.
Published by HT Digital Content Services with permission from Construction World.