Power Equipment Manufacturing Scheme Explained and Highlighted at Rajya Sabha

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.

Power Equipment Manufacturing Scheme Explained and Highlighted at Rajya Sabha

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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 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 Renewable Energy, Shri R.K. Singh in a written reply in Rajya Sabha.

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