German cos to help renewable energy sector in Punjab

Punjab and Germany are all set to join hands for creating 'Renewable Energy Equipment Hub' in the state.

Punjab has also sought help from Germany to harness the huge potential available in rooftop solar and biomass power, an official spokesman said here today.

Indo German Energy Programme has proposed to facilitate linkage between Punjab and German Renewable energy sector.

A delegation of Indo German Energy Programme, led by its Director Winfried Damm, today called on Bikram Singh Majithia, Punjba's New and Renewable Energy Minister and apprised him about the efforts being put in facilitating technology transfer as well as investment by German companies in the renewable Energy (RE) sector to India, the spokesman said.

Damm offered to facilitate linkage between Punjab and German renewable energy industry to create RE equipment hub in Punjab besides bringing in experienced German companies to execute high standard RE project in the state.

Majithia assured the delegation that the State would extend all help to German Industry.

He said the state has an investor friendly policy in place supported by a specific New and Renewable Energy Policy.

Making a strong case of huge potential for investment available in state in rooftop solar and biomass power, Majithia requested the delegation to help Punjab in emerging state in these sectors as Germany had a strong presence and proven track record in both the sector.