Suryodaya project to relieve pressure on traditional electricity generators: Waree Group
New Delhi: Waree group, India’s leading solar panel company has welcomed the central government’s ‘Pradhanmantri Suryodaya Scheme’. The chairman of the company Hitesh Doshi has said that this scheme not only addresses the immediate needs of millions but is also expected to propel our nation towards energy self-sufficiency. He also stated that the scheme is expected to relieve pressure on traditional generators
“In light of the growth in the renewable energy sector, especially with the introduction of the new solar rooftop scheme, it can be a game-changer for India. Envisioned to power up 10 million homes, the sheer scale of this initiative sets it apart from the previous schemes. The government’s commitment to providing subsidies and embracing progressive technology underscores its dedication to reducing electricity bills for the needy and is expected to contribute significantly to India’s self-reliance in the energy sector. This scheme not only addresses the immediate needs of millions but is also expected to propel our nation towards energy self-sufficiency” he said.
He further added that “the impact of the scheme resonates across the entire solar supply chain, which may lead to creation of demand right from the level of panel glass to aluminium to solar modules, and various components associated with them. This, in turn, will not only aid the growth of the industry but also serve as a catalyst for employment generation. With India already at a local manufacturing capacity of 62.85 GW for solar PV, complemented by the upcoming 39.6 GW under the PLI scheme, the nation is prepared to meet the demands of this project. The scale of this order is expected to ensure a seamless supply and cost benefits that will be passed on to the end consumers. Beyond economic advantages, the new policy marks a paradigm shift, and is expected to relieve pressure on traditional generators and to foster a sustainable and self-sufficient energy landscape. As we embrace this era of change, the payback for solar energy is expected to become a tangible reality, bringing us closer to a future where sustainable energy is not considered just a choice but a way of life.”