Indian Government Looks To Boost Clean Energy | SupportBiz


Indian Government Looks To Boost Clean Energy

Outlining the new government’s priorities in the energy sector, Pranab Mukherjee, while addressing the first session of both Houses of Parliament after the elections to the 16th Lok Sabha, said that the government will come out with a comprehensive National Energy Policy and focus on development of energy related infrastructure, human resource and technology

New Delhi: Giving a fillip to the country’s renewable energy programme, Narendra Modi has taken some major decisions to boost “Clean Energy” in the country.

These include providing support to Rs 1000 crore to Central Public Sector units to set up over 1,000 MW grid connected solar photovoltaic power projects, setting up of 25 solar parks each with a capacity of 500 MW requiring financial support from the centre of Rs 4050 crore and setting up of over 300 MW of solar power projects by Defence and Para military establishments.

With these decisions, India will emerge as a major solar power producing country as nowhere in the world are solar parks are being developed on such a large.

This will enable to kick start & ramp up wind capacity addition expeditiously. The Government amicably resolved the anti-dumping duty dispute.

A whole host of measures have been undertaken to make India “Solar manufacturing” hub with priority for domestic players in line with “Make in India” programme. With these initiatives, domestic manufacturers will have greater visibility on order books, have an opportunity to upgrade technologically and be able to reduce costs.

In order to facilitate speedy growth of Renewable energy Power generation in the country, the Ministry of New and Renewable Energy (MNRE) is preparing a Renewable Energy Bill. This apart, the Ministry is also preparing a scale up plan for the development of Solar in the next five years.

The aim of the government will be to substantially augment electricity generation capacity through judicious mix of conventional and non-conventional sources. It will expand the national solar mission and connect households and industries with gas-grids.