Page 58 - Policy Economic Report - July 2025

July 2025 POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Rajasthan at the Forefront of India’s Clean Energy Mission

The Gorbea Solar Power Project, delivered in under eight months, spans 1250 acres and is backed by a 25
year Power Purchase Agreement with the Solar Energy Corporation of India. It will generate 755 gigawatt
hours of clean electricity annually, powering approximately 1.28 lakh homes and reducing nearly 7.05 lakh
tonnes of carbon emissions each year. Shri Joshi noted that almost 70 percent of Rajasthan’s power
capacity is now sourced from renewable energy, with over 35.4 gigawatts installed, 29.5 gigawatts from
solar and 5.2 gigawatts from wind. He praised the state’s proactive role in India’s renewable energy
growth.

Empowering Farmers and Communities

The Minister highlighted that the project has turned farmers into partners in India’s energy journey, as
the land used has been leased from them, offering stable income. “Our farmers are no longer just food
providers. They are now energy providers as well,” he said. During construction, over 700 local workers
were employed, contributing to livelihood generation and skill development. Shri Joshi also noted that
the entire evacuation infrastructure, including the on-site substation and a 6.5 kilometre transmission
line, was completed in just five months.

Innovation and Future Technology

The project uses advanced solar panels (TOPCon bifacial mono PERC modules) and over 1300 robotic
cleaning units to maintain peak performance. Shri Joshi called this a world-class facility and urged broader
adoption of such technologies. Referring to his visit to IIT Bombay, the Minister spoke about ongoing work
on Perovskite Tandem Solar Cells and encouraged Zelestra and Rajasthan officials to explore pilot projects
using this next-generation solar technology. He said such innovations could significantly boost energy
yields in high-irradiance states like Rajasthan.

Policy Reforms and Investment Climate

Shri Joshi lauded Chief Minister Shri Bhajan Lal Sharma for accelerating policy and investment reforms.
Rajasthan has adopted the Integrated Clean Energy Policy 2024 and operationalised the Rajasthan Green
Hydrogen Policy. Investment commitments worth over Rs 6.57 lakh crore were signed last year with a
major focus on renewable energy and green hydrogen. Under the PM Surya Ghar Muft Bijli Yojana, over
49000 rooftop installations have been completed in Rajasthan, with more than Rs 325 crore in subsidies
disbursed. He urged faster implementation, given the 2.7 lakh applications already received. Under PM-
KUSUM, nearly 1.45 lakh solar pumps have been installed.

India’s Energy Milestone

The Minister announced that India has already achieved its target of 50 percent installed capacity from
non-fossil fuel sources, five years ahead of the 2030 deadline. “Under Prime Minister Shri Narendra Modi,
when we resolve, we achieve,” he said. Calling for accelerated deployment of wind-solar hybrid projects,
he pointed out Rajasthan’s untapped wind potential of 284 gigawatts. He concluded by stating that the
Gorbea project marks the beginning of a new chapter in India’s clean energy journey. “Today, as we stand

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