🌱 "From Fields to Future — Bihar’s Renewable Revolution Begins!" New Policy Offers Big Incentives for Clean Energy Investors

The Bihar government has unveiled an ambitious clean energy policy aimed at transforming the state into a renewable energy hub. Offering one of India’s most investor-friendly regimes, the policy ensures 100% reimbursement of SGST, land conversion fees, and stamp duty, along with a 15-year electricity duty waiver and 25-year open access with full transmission and wheeling charge exemptions. It promises single-window clearances, priority access to government land, and industry status for renewable developers. To boost investor confidence, the policy includes minimum generation guarantees, energy banking, feed-in tariffs, and a robust payment security mechanism. State utilities will cover infrastructure costs up to 10 km. With 59% of the renewable budget allocated to R&D, Bihar aims to integrate cutting-edge technology and meet its target of 23 GW renewable capacity by FY30. Officials call this the right time to invest, with the free ISTS regime ending and Bihar poised to lead India’s clean energy transition.