EnergyDigital Magazine December 2023 | Page 17

of coal facilities , thanks to advancements in technology , consistent and supportive government policies , and a robust private sector .
The government is also playing a crucial role in the support of the industry . The Production Linked Incentive ( PLI ) scheme in solar PV manufacturing was introduced by the government with financial outlays amounting to INR 24,000 crore to enhance manufacturing capabilities , increase exports , and generate jobs . In addition , the Indian government authorised US $ 2.3bn in January to boost the green hydrogen sector , aiming to establish India as a worldwide centre for sustainable fuel .
ReNew specifically is making huge strides in the green hydrogen space . Last year , the company signed a Framework Agreement with the Egyptian Government to establish a green hydrogen plant in the Suez Canal
Economic Zone , which aims to produce 220,000 tonnes of green hydrogen annually . Further , it has also set up manufacturing facilities in Gujarat and Rajasthan for solar cells and solar modules .
Q . WHY IS IT SO IMPORTANT TO HAVE FEMALE REPRESENTATION IN THE ENERGY SECTOR ? WHAT WILL THIS BRING TO THE RENEWABLE TRANSITION ?

» The journey towards a greener future goes beyond just environmental concerns . While these types of concerns are a crucial aspect of businesses ’ efforts to reduce carbon emissions and promote sustainability , it is equally important to prioritise the wellbeing of individuals . We must guarantee that the shift to green energy is fair and inclusive for all communities , particularly those most susceptible to the effects of climate change

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