The Armed Forces plan to optimize approximately 46,000 acres of unused defence land for green energy projects over the next three to five years.
Projects under consideration include solar plants, biogas plants, afforestation, and floriculture for carbon credits.
NTPC Green and other PSUs may collaborate on these projects.
A consultant has been engaged to assess feasible options, and a pilot solar plant project is being planned in collaboration with NTPC Green.
Detailed Insights:
The initiative aims to utilize unutilized defence land for environmentally beneficial projects while ensuring its integrity and preventing encroachment.
The Ministry of Defence approved a policy in 2020 allowing defence land to be used for public infrastructure if equal value infrastructure is provided in return.
Revenue generated from these projects may be used to enhance infrastructure for the Defence Forces.
The land will be made available to central and state governments and allied organizations after a feasibility study determines the specific project.
Key Concepts Involved:
Afforestation: The process of planting trees in areas that have little or no forest cover.
Carbon Credits: Permits that allow a company to emit a certain amount of carbon dioxide and can be traded if the company emits less.
PSU (Public Sector Undertaking): A company in which the majority of shares are owned by the government.