The renewable energy sector has made business commitments worth Rs 80,000 crore at the ongoing ‘Happening Haryana’ investment summit. The proposals include investments in solar, biomass, micro hydroelectricity and waste-to-energy projects.
“The investment proposals (from the sector) have far exceeded expectations and even surpassed those in industrial investments,” a top source from the Haryana government told ET, speaking on the condition of anonymity as these are part of elaborate announcements to be made later by Haryana chief minister Manohar Lal. Under its upcoming solar policy, the Haryana government is set to offer industry status to the segment with a bouquet of financial exemptions and single-window clearance. The state will open panchayat land, irrigation canals and government buildings for investors to set up photovoltaic projects.