Chennai, mar 14 (UNI) With a view to achieve the ambitious target

of generating additional 100 billion units of renewable green energy

by 2030, the Tamil Nadu government will come out with a new

‘Integrated Renewable Energy Policy’ to consolidate and streamline

the different existing policies for promotion of Renewable Energy in

the state, Finance Minister Thangam Thennarsu told the State

Assembly on Friday.

Presenting the Budget for the year 2025-26 in the House, he said

Tamil Nadu’s power demand is expected to double as the state aims

to become a trillion-dollar economy by 2030.

To meet this ambitious target, strategic action plans are being

developed to generate an additional 100 billion units of renewable

green energy by 2030, he said.

As the first step in this journey towards green energy, Pumped Storage

Projects with a capacity of 1,100 MW in the Vellimalai area and 1,800 MW

in the Aliyar area will be developed through Public Private Partnership (PPP)

mode, with a total investment of Rs.11,721 crore.

Furthermore, in order to provide clean renewable energy throughout the day,

even beyond solar hours, the Government will take steps to develop a 4,000

MWhr Battery Energy Storage System in 2025-26.

Storage of cheap and readily available solar power will not only bring down

the cost of supplying electricity during the evening peak demand hours, it will

also provide a source of clean energy outside of solar hours, paving the way

towards decarbonisation, the Minister said.

Further, with manufacturing sector expected to be hit with carbon adjustment

tariffs in the near future, stored renewable energy will also ensure that MSMEs

– which are a core strength of Tamil Nadu retain their competitive edge.

The Government will also come out with an ‘Integrated Renewable Energy Policy’

to consolidate and streamline the different existing policies for promotion of

Renewable Energy in the state.

UNI GV 1810