Download Clean Energy, An Exporter’s Guide to India (2008) by Energy and Security Group (Contributors) PDF

By Energy and Security Group (Contributors)

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Incentives An addition of 15,000 renewable MW over the next decade most likely equates to a $21 billion Indian market for renewable technologies. Renewable energy is already often competitive with conventional power sources due to fiscal policies and incentives and has been strengthened recently with the creation of a renewable portfolio standard. Income tax holidays, accelerated depreciation, duty-free imports, capital subsidies, and concessionary financing, and exemptions from electricity taxes and sales taxes all bolster this emerging market.

S. Department of Commerce | International Trade Administration 4 As per Section 14, there is no requirement for a license if a person intends to generate and distribute electricity in rural areas. The Energy Conservation Act of 2001 The Energy Conservation Act of 2001 includes the promotion of energy efficiency and energy conservation in the country to make power available to all Indian citizens by 2012. In this context, the Energy Conservation Act of 2001 was passed and BEE set up to carry out the various functions it envisioned.

4 Expanded financial support for renewable energy and energy efficiency from local and international financial institutions, multilateral agencies, donor organizations, and others. 4 Growing carbon credit markets, including the Clean Development Mechanism (CDM) and voluntary markets. 4 Existence of local capacities/capabilities to harness the clean energy sector and relatively inexpensive local labor supplies. 4 Growing environmental, social, and health concerns over fossil fuel development.

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