Dholera solar park is not just about power generation, but it will redefine India’s energy future
As world’s largest solar park at Dholera, most of the global attention that the Dholera Smart City is getting is because of its modern infrastructure, industrial hub and futuristic living concept, but what truly makes makes unique is the fact that this greenfield city is being created with a basic foundation of sustainable, renewable and clean energy.
The establishment of world’s largest solar park in Dholera is set to make India a global leader in renewable energy. The 5000 MW capacity of Dholera solar park will transform the city and make it an idealistic place for residential living and commercial activities.
Choosing Dholera for this solar park was no random decision.
There are four key factors that made Dholera a perfect place for this revolutionary step.
- Abundant Land Availability: Dholera had huge land parcels which were barren and unused. And there was no need to disturb a fertile farmland also.
- High Solar Irradiation: The geography of the Dholera region is such that it enjoys the highest solar radiation levels in India. So, this ensures year-round efficiency.
- Proximity to Industries: Dholera Special Investment Region (SIR) is attracting global manufacturing and tech giants. And it would be convenient for them to source clean energy from the solar park.
- Government Support: Gujarat government is known for a business-friendly state. And for this renewable mission, the state government ensured fast-track approvals and policies which are favorable to investors.
Now, let’s understand some of the key Facts You must know about the Dholera Solar Park:
- Total Capacity: 5,000 MW (5 GW)
- Project Area: 11,000+ hectares
- Heading Authority: Gujarat Urja Vikas Nigam Ltd. (GUVNL)
- Power Potential: Enough to power nearly 20 lakh households
- Environmental Impact: To reduce over 8 million tonnes of carbon emissions annually
What Does This Mean for India’s Energy Future?
Many of you must have heard about solar parks and the basic need of it – generating electricity. But Dholera solar park is not just about power generation, but it will redefine India’s energy future.
- Contribution to National Targets: The central government has set a deadline of achieving 450 GW of renewable energy by 2030. And when 5 GW will be generated from one single set up, the contribution of Dholera solar park will be work as a catalyst to achieve this milestone.
- Global Leadership: Our country already ranks among the top five nations in renewable energy capacity. Dholera solar park will help in cementing India’s position as a global clean energy leader.
- Reduced Fossil Fuel Dependency: This will also reduce India’s dependency on coal imports, thereby lowering costs and also improving energy security.
- Boost to Exports & Green Image: When the world is already concerned about climate change and looking for alternatives to cut carbon emissions, the Dholera solar park will help India in positioning itself as a green manufacturing hub, giving boost to export of clean energy.
Now, the obvious question that comes to mind is – what are the opportunities for businesses and investors?
- Renewable Energy Firms: green tech startups, EPC contractors are going to be directly benefitted from this project.
- Industrial Growth: The government is already Dholera as a hub for semiconductors, defence, electronics and aviation industries. The global companies would be itching to invest here when they knwo about this solar park that ensures uninterrupted and stable supply of clean energy.
- Real Estate Investors: An image of green energy destination improves brand image of Dholera, making it a dream destination for investment. The real estate prices will skyrocket.
There are enough examples in the world that suggests that this kind of solar parks have transformed the region forever. The Tengger Desert Solar Park in China, often called the ‘Great Wall of Solar’, has changed the barren land or the desert into a renewable energy hub. Ouarzazate Solar Power Station (OSPS), also called Noor Power Station, in Morocco attracted global attention, tourism and investment.
There are numerous examples that show that the establishment of this kinf solar park can change fortunes for the region and the people who have invested there. The Dholera solar park will create thousands of skilled and unskilled jobs and attracts billions for foreign and domestic investments. The Dholera solar park will power the grid, tech parks, data centres, modern townships and industrial hub. The way oil once defined the middle-east, manufacturing redefined Shenzhen, the solar park will make Dholera the centre of global clean energy supplies.
For the investors, the message is loud and clear. Be a part of this great energy revolution. There are a very few places in the world where growth meets sustainability and Dholera is one of them. India’s first greenfield city is set to have some of the best new-age modern infrastructure, seamless connectivity in the form of Ahmedabad-Dholera Expressway, international airport, metro train and a fast corridor to reach sea ports. And with world’s biggest solar park in the making, Dholera will soon become the most sought after investment destination in the world. Domestic companies and global businesses have already entered and the early movers are set to get a great value of their investment. The land prices have appreciated 10 times in the last 10 years and reports estimate that the property prices are set for an exponential rise in the next 5-10 years, with industries making a beeline to set up offices and factories in Dholera SIR.
Dholera has the potential to grow more than what we have witnessed with cities like Gurugram and Hyderabad. Dholera is still affordable for low, moderate and high investments. You can start your journey from as low as Rs 10 lakh investment. If you want your money to grow more than the stock market or gold, then take a safe bet in Dholera.
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