June 17, 2024

Rajasthan’s New Parks Power boost Economy and Sustainability

Rajasthan has achieved a major milestone in its renewable energy initiatives with the approval of four new solar parks – which will collectively generate 2950 MW. This expansion is expected to significantly increase the state's solar energy output and create thousands of jobs. It underscores Rajasthan's dedication to sustainable development and establishes it as a frontrunner in India's renewable energy sector.

2950 MW Bikaner & District Projects


The Rajasthan government has approved the development of three solar parks in the Bikaner district, with a combined capacity of 2450 MW. These parks are strategically located at two key sites – each with a capacity of 1000 MW – and one site with a 450 MW capacity. These projects are part of India’s broader solar energy infrastructure initiative leveraging Rajasthan's abundant solar radiation for energy generation.

Rajasthan solar energy

Rajasthan solar energy

Additionally, a 500 MW solar park is set to be developed near Phalodi district by NTPC Renewable Energy Limited. This site - covering 910 hectares - was chosen for its high solar radiation levels, making it ideal for a solar power plant. The plant is expected to operate at peak efficiency for around 330-335 days a year further solidifying Rajasthan's position in India’s solar energy sector.

Economic and Environmental Impact


Chief Minister Bhajan Lal Sharma highlighted the multifaceted benefits of these projects emphasizing their potential to drive economic growth and employment in Rajasthan. The solar parks are expected to generate substantial employment opportunities particularly in construction, maintenance and related services, thus stimulating local economies by increasing demand for goods and services.

In addition to economic benefits the environmental impact is significant. Advanced solar panels and grid technology are expected to reduce carbon emissions by approximately 200,000 tons annually, contributing to global efforts to combat climate change. This substantial reduction in greenhouse gases underscores the importance of expanding solar energy capacity in Rajasthan.

The new solar parks are projected to attract investments totaling around Rs 10,000 crore providing a significant boost to Rajasthan’s renewable energy sector. These investments are expected to drive technological advancements and infrastructure development across the state. That will further be establishing Rajasthan as a leader in India’s transition to renewable energy.

This influx of capital will likely lead to the development of infrastructure such as roads and railways, enhancing connectivity and access to these solar parks. The strategic use of vacant land for these projects will stimulate economic activity and create a favorable investment climate in the areas hosting these solar parks.

Job Creation and Economic Multiplier Effects


The development of these solar parks is expected to create approximately 14,750 jobs spanning construction and other related services. This job creation is likely to have a ripple effect on the local economy that will drive demand for housing and services which lead to fostering economic growth in the surrounding regions.

The Rs 10,000 crore investment will not only generate jobs but also attract further investments in Rajasthan leading to additional infrastructure and services development. These economic benefits combined with the environmental impact, therefore position Rajasthan as a model for sustainable development in the renewable energy sector.

National and Global Context


India ranks fifth globally in solar PV deployment – with a capacity of 70.10 GW as of mid-2023 – and Rajasthan plays a crucial role in this achievement. The Ministry of New and Renewable Energy has highlighted the potential of solar energy through various programs including the Solar Park Scheme which supports the development of large-scale solar projects across the country.

Rajasthan's new solar parks are a testament to the state's commitment to renewable energy and sustainable development. By focusing on solar energy job creation and economic growth Rajasthan is setting an example for other regions in India and beyond — demonstrating the far-reaching benefits of investing in renewable energy.

These initiatives are not just about meeting energy demands; they are about creating a sustainable future that balances economic growth with environmental responsibility. As Rajasthan continues to expand its solar energy capacity, it is paving the way for a brighter, more sustainable future for India.


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