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Make in Jharkhand New and Renewable Energy Policy 2024-2030

Leading India’s Clean Energy Future

Jharkhand, a leader in India’s industrial and progressive landscape, is spearheading the nation’s renewable energy transition. With rising energy demands and the critical need for decarbonization, *Make in Jharkhand* envisions the state as a frontrunner in clean energy. The Jharkhand New and Renewable Energy Policy 2024 lays the groundwork for the state to harness its abundant renewable energy (RE) resources, foster sustainable growth, and drive India toward energy security and environmental sustainability.

Recognizing the importance of an inclusive energy transition, Jharkhand is dedicated to creating new job opportunities, particularly for the youth and workforce, by promoting skill development in the renewable energy sector.

Vision for 2030
Jharkhand as a Global Leader in Renewable Energy

By 2030, Make in Jharkhand envisions the state as a global leader in renewable energy, making a substantial contribution to India’s ambitious Net Zero targets and global climate goals. The key components of this vision include:
  • Harnessing 50 GW of renewable energy capacity across diverse technologies such as solar, wind, hydro, biomass, and green hydrogen.
  • Building a robust ecosystem for renewable energy infrastructure, promoting domestic manufacturing of RE technologies, and advancing energy storage solutions to enhance grid stability.
  • Training over 50,000 individuals in advanced renewable energy technologies, ensuring Jharkhand leads in energy innovation.
  • Establishing the state as a premier destination for green energy investments, aiming to attract ₹75,000 crores in renewable energy investments, creating a green economy and generating significant direct and indirect employment opportunities.

Mission: Building Jharkhand’s Clean Energy Ecosystem

Make in Jharkhand is dedicated to establishing a strong and self-sustaining clean energy ecosystem that accelerates the state’s shift to renewable energy, enhances energy security, and drives sustainable growth. The key missions of the Jharkhand New and Renewable Energy Policy 2024 are:
  • Achieving energy sovereignty by widely adopting clean energy solutions, ensuring that industries, businesses, and households across the state benefit from sustainable energy sources.
  • Fostering innovation in green hydrogen, battery energy storage, and waste-to-energy technologies, creating a diversified energy mix that supports both grid-based and independent energy consumption.
  • Promoting renewable energy manufacturing by attracting investments in solar PV cells, wind turbines, energy storage, and green hydrogen technologies, positioning Jharkhand as a key player in global renewable energy supply chains.
  • Attracting both international and domestic investments in renewable energy projects by offering competitive incentives, simplified regulatory processes, and a business-friendly environment.

Key Objectives
Jharkhand’s Path to Renewable Energy Leadership

The *Jharkhand New and Renewable Energy Policy 2024* outlines key strategic objectives to position the state as a global leader in renewable energy:

  1. Decarbonizing Jharkhand’s Energy Sector: By accelerating the transition to clean energy, the state aims to significantly reduce its carbon footprint, support India’s Net Zero goals, and create a sustainable future for generations to come.
  2. Harnessing Jharkhand’s Renewable Energy Potential: The policy will leverage the state’s abundant solar, wind, hydro, and biomass resources to develop commercially viable projects, providing both grid-based power and self-sustaining energy solutions for industries.
  3. Fostering a Strong Renewable Energy Ecosystem: Jharkhand will cultivate an environment conducive to the growth of energy storage technologies, such as battery storage, pumped hydro storage, and green hydrogen, ensuring grid stability and long-term energy security.
  4. Promoting Innovation in New and Emerging RE Technologies: The state will drive advancements in green hydrogen, floating solar, waste-to-energy, and other pioneering technologies, establishing Jharkhand as a leader in renewable energy research and development.
  5. Building a Skilled Workforce: The policy focuses on developing a highly skilled workforce in the renewable energy sector, ensuring that Jharkhand has the necessary talent to spearhead the green energy transition.

Strategic Focus Areas
Powering Jharkhand’s Green Energy Future

Developing a Diverse and Resilient Renewable Energy Infrastructure

Jharkhand will promote the development of large-scale solar, wind, and hydro projects, alongside emerging technologies such as floating solar, canal-top solar, and green hydrogen production. The state aims to achieve 50 GW of renewable energy capacity by 2026, ensuring a reliable and resilient energy supply that supports industrial growth, urbanization, and energy-intensive sectors.

Establishing Energy Storage and Green Hydrogen Infrastructure

To integrate intermittent renewable energy into the grid, Jharkhand will focus on developing energy storage systems and green hydrogen projects. These technologies are essential for maintaining grid stability, ensuring a continuous supply of renewable energy, and fueling future mobility with green hydrogen. The state will also pioneer green ammonia production, supporting the decarbonization of industries such as steel, cement, and chemical manufacturing.

Promoting Renewable Energy Manufacturing and R&D

Jharkhand will promote the domestic manufacturing of renewable energy components, including solar modules, wind turbines, and battery systems. The policy will offer incentives to attract investments in renewable energy manufacturing facilities and support research and development hubs focused on next-generation energy technologies. By building a local renewable energy supply chain, Jharkhand will not only meet its own energy requirements but also play a key role in boosting India’s renewable energy export market.

Training and Employment Generation in Renewable Energy

To ensure an inclusive transition, Make in Jharkhand will prioritize skill development in the renewable energy sector. Training programs will be launched to equip over 50,000 professionals with expertise in areas such as solar energy installation, wind turbine maintenance, energy auditing, and green hydrogen production. The objective is to empower Jharkhand’s workforce to take a leading role in the global energy transition.

Attracting Global Investments in Renewable Energy Projects

Jharkhand will strategically attract both domestic and international investments by offering a range of incentives, including tax exemptions, capital subsidies, and reduced cross-subsidy charges. The state will foster a business-friendly environment by simplifying project approvals through a Single Window Clearance system, positioning Jharkhand as the leading destination for global green energy investments.

Incentives for Renewable Energy Projects

The Jharkhand New and Renewable Energy Policy 2024 provides a range of incentives to promote investments in renewable energy projects:

Incentive TypeDetails
Electricity Duty Exemption50 paise per unit exemption on Electricity Duty for captive/open access consumers of RE projects for 15 years. If commissioned before 31.03.2026, the exemption extends to 20 years.
Cross-Subsidy Surcharge Exemption50% exemption on cross-subsidy surcharge for open access consumers of RE projects for 15 years.
STU Charges Exemption20 paise per unit exemption on State Transmission Utility (STU) charges for RE consumers, extended to 20 years for projects commissioned before 31.03.2026.
Wheeling Charges Exemption25% exemption on wheeling charges for 15 years for RE projects.
Stamp Duty and Land Conversion Exemption100% exemption on stamp duty, land conversion, and registration charges for RE projects.
Energy Storage IncentivesElectricity Duty exemption on input energy for energy storage projects for 15 years.
Government Land for RE ProjectsPriority allocation of government land at concessional rates for RE projects, with leases available for 30-35 years.

Ease of Doing Business
Simplified Approvals and Regulatory Support

Jharkhand is dedicated to simplifying the process for renewable energy developers. A Single Window Committee, headed by the Principal Secretary of the Department of Energy, will facilitate streamlined project approvals for RE projects under 50 MW. Larger projects will be referred to higher committees for expedited approvals. This approach ensures quick approvals, reduced regulatory obstacles, and effective monitoring of project execution.

Conclusion
Jharkhand Leading India’s Renewable Energy Future by 2030

The Jharkhand New and Renewable Energy Policy 2024 is a visionary initiative aimed at making Jharkhand a leader in India’s renewable energy sector. Through strategic investments, fostering innovation, and developing a skilled workforce, the state will drive India’s shift to a clean energy future, supporting global climate goals and enhancing energy security.

Make in Jharkhand invites global investors, clean energy innovators, and renewable energy pioneers to join this transformative journey and help build a sustainable, green future for India.

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About Make in Jharkhand

Make in Jharkhand is a Public Benefit Corporation (PBC) committed to positioning Jharkhand as a dynamic force in global economic collaboration. With strategic partnerships spanning the USA, Europe, Australia, African Union, KSA, China, India, Qatar, Saudi Arabia, Türkiye, and the UAE, we focus on key sectors such as energy, technology, agriculture, and finance. Our mission is to adopt global best practices, drawing from successful economic models to foster inclusive and sustainable development. By aligning with forward-thinking strategies, Make in Jharkhand aims to accelerate economic diversification, empower communities, and promote responsible growth. Leveraging Jharkhand’s geographic strengths and rich resources, we seek to attract high-impact investments, fuel innovation, and elevate the state’s global economic standing — in line with the government’s vision for a connected, tech-driven future.

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