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October 23,2024

Rajasthan Launches Investment Scheme for Renewable Energy Expansion

The Rajasthan launched the Rajasthan Investment Promotion Scheme (RIPS) to boost RE, targeting 24.22GW Solar & 5.19GW Wind capacity. It offers incentives for various Renewable Projects, including subsidies on cross-subsidy and additional surcharges. Key exemptions on transmission and Wheeling Charges for Energy Storage Systems and Green Hydrogen plants support the State's Green Growth initiatives.

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