In Short : Arun Mahesh Babu, MD of Uttar Gujarat Vij Company Ltd (UGVCL), emphasized the increasing focus on renewable energy as a key driver of India’s power sector. He highlighted the role of solar and wind energy in ensuring sustainability and energy security. With policy support and investments, renewable adoption is accelerating, paving the […]
Rooftop solar power could be a game-changer for India despite challenges: Here is why
The existing fragmented growth of solar rooftop is largely attributable to institutional and commercial consumers. Discoms’ and consumers’ reluctance to adopt rooftop solar may be attributable to the legal framework of the distribution business. India’s solar sector has seen a spectacular run in the last four years, largely attributable to its ambitious renewable energy targets […]
Union Budget 2019: Govt’s initiatives will boost adoption of electric vehicles, writes Gaurav Karnik of EY India
The 2019 Union Budget has pushed significantly for adoption of electric vehicles and clean technologies as well as the infrastructure needed to make the EV dream a reality. In order to boost demand for EVs the government has provided an interest deduction of up to Rs 1.5 lakh on loans taken for purchase of a […]
How to power India’s job growth through power sector reforms
The Modi government has tried to implement a trifecta of power sector reforms to help support job generation. The country no longer lives in a world where fossil power and renewable power are separate. Job growth is a hot button issue in the lead up to any election. India needs to create millions of secure […]