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Green power

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Despite the vague promises and platitudinous statements of intent that it contains, the proposed National Renewable Energy Act, in the form that has been put up for public comments, should come as a measure of relief to the renewable energy industry inasmuch as it also yields to several of the industry’s longstanding demands. For instance, it gives legislative backing to the call that a part of the National Clean Energy Fund be earmarked for the renewable energy sector. It is emphatic on enforcement of the “renewable purchase obligation”, leaving no […]

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National Renewable Energy Act to change landscape of RE

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Aiming to consolidate the renewable energy sector and give it an institutional structure, a government has drafted the National Renewable Energy Bill, 2015. After it is passed by Parliament it would enable a National Renewable Energy Policy, Renewable Energy Corporation of India, an advisory group and a committee on the same. Till now, the renewable energy sector was governed by the Electricity Act, 2003, which is also undergoing amendments. “Following the suggestions of the standing committee, a separate law for renewable energy is being drafted. The law would cover all […]

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Proposed Renewable Energy Act gives sweeping powers to Centre

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The proposed National Renewable Energy Act, 2015 — the draft of which has been put up for public comments — seeks to give sweeping powers to the Centre to develop the sector. Under the first chapter, on ‘Institutional Structure’, the Act says the Centre “shall have the power to take all such measures as it deems necessary or expedient” to develop renewable energy in the country. The Centre will also “issue guidelines” to the State governments on how to formulate ‘State level renewable energy policies’ and ‘State level renewable energy […]

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