Niti Aayog, the government’s key policy think-tank is likely to place the much-awaited National Energy Policy document before Prime Minister Narendra Modi. The policy, when finalised, will lay the road map for the country’s push towards renewable energy and reducing fuel imports, among other things.
“Niti Aayog will present the integrated energy policy to PM in one or two months,” Niti Aayog Chief Executive Officer (CEO) Amitabh Kant said at an energy sector event here. The policy, which has been in the works since 201, will replace the Integrated Energy Policy of the erstwhile United Progressive Alliance (UPA) government.
The broad objectives of the policy include enhanced energy independence, increased access at affordable prices, greater sustainability and higher economic growth.
The policy is likely to focus on aligning energy prices with benchmarks in the international market to enable market driven prices and limiting subsidies to the identified beneficiaries. Read more
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