India endeavors to expand green energy share in 2019 to fight climate change


India endeavors to expand green energy share in 2019 to fight climate change

Amid a global focus on renewable sources as a way forward, the government and the industry appear unanimous on the need to expand the green energy capacity, but high tariffs and costly infrastructure came in the way during 2018 and the sector want these issues resolved in the new year.

For the government, endeavour will be to increase the share of green energy in 2019 to fight climate change, but experts feel it would require resolving issues related to tariffs, safeguard duty, clarity on GST and meeting a tall investment order of Rs 5.12 lakh crore to finally achieve 175 GW of clean power by 2022.

“Our endeavour remains to enhance the share of green power and be an effective partner in the fight against climate change so as to leave behind a healthy planet for future generations,” Power and New & Renewable Energy Minister R K Singh told PTI. Read More

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