NITI Aayog Proposes 60% Local Sourcing for Wind Energy Plants
POWER & RENEWABLE ENERGY

NITI Aayog Proposes 60% Local Sourcing for Wind Energy Plants

NITI Aayog has proposed a policy requiring wind energy projects in India to source at least 60% of their components locally by value. This initiative aims to bolster the domestic manufacturing sector and reduce dependency on imports, thereby promoting self-reliance and energy security.

The proposal is part of a broader effort to enhance India?s renewable energy capacity and stimulate local industry growth. By increasing local sourcing, the government hopes to generate employment, stimulate economic development, and ensure sustainable energy practices.

This move aligns with the "Make in India" campaign, aiming to transform India into a global manufacturing hub. NITI Aayog's recommendation underscores the importance of integrating local industries into the renewable energy supply chain, which could lead to the development of advanced manufacturing capabilities within the country.

Additionally, the policy is expected to encourage innovation and competitiveness among local manufacturers, helping them to meet global standards. This could result in a more resilient and self-sufficient energy sector, capable of meeting the country?s growing power demands sustainably.

By implementing this local sourcing requirement, India aims to achieve a balance between fostering economic growth and advancing its renewable energy objectives. This strategy not only supports the domestic economy but also contributes to global efforts to combat climate change by promoting cleaner energy solutions.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

NITI Aayog has proposed a policy requiring wind energy projects in India to source at least 60% of their components locally by value. This initiative aims to bolster the domestic manufacturing sector and reduce dependency on imports, thereby promoting self-reliance and energy security. The proposal is part of a broader effort to enhance India?s renewable energy capacity and stimulate local industry growth. By increasing local sourcing, the government hopes to generate employment, stimulate economic development, and ensure sustainable energy practices. This move aligns with the Make in India campaign, aiming to transform India into a global manufacturing hub. NITI Aayog's recommendation underscores the importance of integrating local industries into the renewable energy supply chain, which could lead to the development of advanced manufacturing capabilities within the country. Additionally, the policy is expected to encourage innovation and competitiveness among local manufacturers, helping them to meet global standards. This could result in a more resilient and self-sufficient energy sector, capable of meeting the country?s growing power demands sustainably. By implementing this local sourcing requirement, India aims to achieve a balance between fostering economic growth and advancing its renewable energy objectives. This strategy not only supports the domestic economy but also contributes to global efforts to combat climate change by promoting cleaner energy solutions.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000