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RIICO to develop two industrial zones for solar component manufacturing

Thursday, 12 Jan 2023
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Rajasthan State Industrial Development & Investment  Corporation (RIICO) has proposed setting up of two dedicated industrial zones to drive solar component manufacturing.

These are proposed to come up in Western Rajasthan and Bhiwadi in NCR region.

The other active players in this area are Renew Power which has signed an agreement with the state government to set up a solar panel manufacturing unit in Mahindra World City and Insolation Energy which is engaged in modules manufacturing.

Currently, Rajasthan has a renewable capacity of over 20,000 MW and about 25,000 MW projects in the pipeline.

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