Manufacturing plan for power and renewable energy equipment in works

The scheme titled 'Manuf­acturing Zones under Atmani­rbhar Bharat Package' in the Budget would entail setting up three manufacturing zones in a year

Topics
manufacturing  | renewable energy | Budget 2021

Shreya Jai  |  New Delhi 

The Ministry of Power will launch a domestic manufacturing programme for critical power and renewable energy equipment with an outlay of Rs 1,500 crore in FY22. The scheme titled ‘Manuf­acturing Zones under Atmani­rbhar Bharat Package’ in the Budget would entail setting up three manufacturing zones in a year.

These zones are divided into three categories — coastal, land-locked and hilly states. The scheme would call for off­ers from states to submit applications to set up these zones. The three selected zones would get Rs 500 crore each for development of ...

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First Published: Fri, February 05 2021. 06:10 IST
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