Jaipur. Rajasthan Renewable Energy Corporation and its associate company created a new history of profitability by earning a profit of Rs 65 crores before tax in the financial year ended 31st March, 22nd. Giving this information, Additional Chief Secretary and Chairman RREC, Energy Department, Dr. Subodh Agrawal said that it is more than two times as compared to the year 2019-20 and more than Rs 20 crore in comparison to the year 2020-21.
ACS Energy Dr. Aggarwal informed that the recently concluded financial year has been a year of achievements for Renewable Energy Corporation. He said that with the recent MoU and LoU agreements, Rajasthan is now going to be developed as the biggest solar hub of the country. Out of the MoU LOIs done under Invest Rajasthan in the state, more than 8 lakh crore MoU LOIs have been signed only in the energy sector. He said that now Rajasthan has become the first state in the country to develop 10 GW solar power capacity. According to the report released by the Ministry of Renewable Energy of the Central Government, Rajasthan has come on top in the entire country by developing 10506 MW of solar power capacity in the country in 49346 MW developed. According to the report released by the Center, Karnataka is second with a capacity of 7534 MW and Gujarat is at the third position with 6309 MW.
Dr. Agrawal informed that in the recently concluded financial year, more than 3000 MW capacity has been developed whereas in the last three years 6552 MW capacity has been developed in the state. He told that Rajasthan is progressing fast in rooftop also. Out of 10506 MW solar power capacity, 9542 MW of ground mounted, 668 MW of rooftop and 296 MW of solar power have been developed in offgrid area.
ACS Dr. Aggarwal informed that Rajasthan Renewable Energy Corporation and its associate company have made a profit of 65 lakhs before tax during the financial year 2021-22 as per preliminary information, whereas in the previous year Rs 45 crores 15 lakhs. And in 2019-20 it was Rs 31 crore 52 lakh. He congratulated the officers and employees for this achievement of Renewable Energy Corporation.
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