Indian Renewable Energy
Development Agency (IREDA), a non-banking financial
company under the administrative control of this Ministry,
is envisaging formation of a Special Purpose Vehicle
to facilitate setting up a SEZ for production of renewable
energy equipment. Presently IREDA is in the process
of discussing the issue with State Governments and private
sector parties. One of the possible locations under
consideration is near Nagpur, however the final decision
with regard to setting up a SEZ would depend on various
techno-economic considerations of investors.
This information was given by the
Minister of State for New And Renewable Energy, Shri
Vilas Muttemwar, in a written reply to a question by
Shri B.K. Hariprasad in the Rajya Sabha today.
Source:
Press Information Bureau Date: March 10, 2008
