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Raj's solar sector doesn't need incentives to grow
Business Standard
|August 21, 2025
The sunrise solar sector in Rajasthan does not need incentives to survive and grow.
On the contrary, incentives and subsidies breed bureaucratic bottlenecks and delay execution, said panellists at a panel discussion on "Energy: The Surging Renewables Sector".
The discussion was held as part of Business Standard Samriddhi-Rajasthan 2025.
Business Standard launched its 14th English and 7th Hindi edition from Jaipur on Wednesday. The panel discussion was attended by Sunil Bansal, president of Rajasthan Solar Association; its chief executive officer (CEO) Nitin Agarwal; and Rahul Gupta, founder, managing director (MD) and CEO of Rays Power Experts Ltd.
"The structure of the incentives and their disbursement also need to be transparent, quick, and smooth," Bansal said.
He said that today Rajasthan has become a preferred destination for solar projects, and is now known as the "Solar capital of India". "But beyond the hype, we should also understand that the full potential of the sector is not being harnessed to the hilt," he added.
Denne historien er fra August 21, 2025-utgaven av Business Standard.
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