The RP Sanjiv Goenka Group, boasting revenue exceeding USD 4 billion, is eyeing investment opportunities in Northeast India, particularly in renewable energy. During a meeting with Minister B L Verma, the group expressed interest in exploring hydropower opportunities and other sectors in the region. Hydropower is seen as having significant potential in the Northeast, with several projects in Arunachal Pradesh already underway.
Green Hydrogen: In the policy, the government has given a raft of incentives for 10 years, like 50% waiver in intra-state transmission and wheeling charges. Electricity duty has also been reduced by 50%. Additional surcharge and cross subsidies in electricity which together account for over INR 3 per unit have been done way with for these projects.