States ask for subsidies, support, protection, right policies to boost clean energy in India
States on Wednesday urged the Centre to provide a level - playing field for domestic investors in the renewable energy sector and categories large hydro projects as clean energy projects. Chief ministers and representatives of various states at the second Global RE - Invest Summit here demanded that subsidiaries and easy credit should be provided to domestic investors as well as feasible and acceptable policies.
There should be a level - playing field because foreign investors come with huge investments. The government should provide bank support and bank subsidy for harnessing clean energy sources. States also asked government to protect the domestic industry for improving renewable energy equipment manufacturing particularly of solar energy and reducing huge import dependence.
Uttar Pradesh minister said that, there is lot of scope of investing of solar energy in Uttar Pradesh and they will extend all support for investments. Himachal Pradesh Chief Minister suggested that all hydro power projects should be included in the category of renewable energy so that they could also avail the benefits being given to renewable energy projects and also this project generate green energy which was fulfilled green energy which was eco friendly, if this demand was fulfilled then more investors would be attracted to the state and economy would be strengthened further.
( Business Standard - Oct 03)
There should be a level - playing field because foreign investors come with huge investments. The government should provide bank support and bank subsidy for harnessing clean energy sources. States also asked government to protect the domestic industry for improving renewable energy equipment manufacturing particularly of solar energy and reducing huge import dependence.
Uttar Pradesh minister said that, there is lot of scope of investing of solar energy in Uttar Pradesh and they will extend all support for investments. Himachal Pradesh Chief Minister suggested that all hydro power projects should be included in the category of renewable energy so that they could also avail the benefits being given to renewable energy projects and also this project generate green energy which was fulfilled green energy which was eco friendly, if this demand was fulfilled then more investors would be attracted to the state and economy would be strengthened further.
( Business Standard - Oct 03)
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