Business

Bihar's Solar Policy Surpasses Competitors with Unprecedented Incentives for Green Energy Investors

Bihar Leads with Innovative Solar Policy

The Bihar Renewable Energy (RE) Policy 2025 has set a new benchmark by offering unparalleled concessions to investors, aiming to position Bihar among the top-10 green power producers in India by achieving a 24 gigawatts capacity by April 2030.

Bihar solar policy beats frontrunner states in SOPs for investors

Financial and Land Incentives at the Core

Key financial incentives include 100% exemption of electricity duty for 15 years, SGST, and transmission and wheeling charges. Land-related benefits feature full waiver of stamp duty or registration fees, making Bihar's policy more attractive than those of UP, Rajasthan, Tamil Nadu, Gujarat, and Odisha.

Boosting Manufacturing and Diverse Technologies

For promoting manufacturing, the policy offers priority allotment of government land, electricity duty exemption, and investment subsidies. It encompasses a wide range of technologies, including solar, wind, biomass, and green hydrogen, with a focus on large-scale solar parks and battery storage systems.

Regulatory Support and Future Goals

With promises of single-window clearances and deemed industry status for RE projects, Bihar is paving the way for a sustainable future, aligning with India's national climate targets, including net-zero emissions by 2070.