MNRE to review implementation of outcome of RE-INVEST at 5h Zonal Review Meeting

MNRE has announced that it will conduct 5th Zonal Meeting on 26th June, 2015 in Mumbai to review the implementation of outcome of RE-INVEST 2015, covering states Maharashtra & Goa that took place on 15-17 February, 2015 at New Delhi.

During RE-INVEST 387 investors/ project developers/ companies/ PSUs had submitted “Green Energy Commitment” letters to the Government to develop and set up RE projects aggregating to more than 272 GW in the next 5 years. Similarly, 30 major Banks and Financial Institutions have given commitments to finance bankable projects in Renewable Energy Sector aggregating to 70,505 MW.

The objective of these meetings is to draw future course of action and interact with prospective investors to understand their requirements, allay their concerns and to provide necessary policy support.

During this meeting, representatives of Maharashtra and Goa Governments will make presentations covering the potential available in various streams of renewable energy sector, policy in place, incentives offered, compliance norms, timelines and other practical requirements to set up RE projects in these States. In order to answer the questions/ clarifications of the potential project developers interested to set up projects in these States, the representatives from the Departments of Revenue (Land), Power, Forest, Excise & Taxation; Pollution Control Boards, Transmission & Distribution Companies, State Nodal Agencies and SERCs of theses States would also be present in the said meeting.

Project Developers, Investors, Banks/ Financial Institutions interested to set up or Finance projects in all Renewable Energy sectors are welcome to attend the above interactive meeting.

For more information on the agenda of the meeting, please click on the below attached PDF.