Manufacturing plan for power and renewable energy equipment in works

The Ministry of Power will launch a domestic manufacturing programme for critical power and renewable energy equipment with an outlay of Rs 1,500 crore in FY22.

The scheme titled ‘Manuf­acturing Zones under Atmani­rbhar Bharat Package’ in the Budget would entail setting up three manufacturing zones in a year. These zones are divided into three categories — coastal, land-locked and hilly states. The scheme would call for off­ers from states to submit applications to set up these zones. The three selected zones would get Rs 500 crore each for development of manufacturing hubs.

Senior officials said a committee would select which state offers