India relieves rules to allow an easy transition to green energy
POWER & RENEWABLE ENERGY

India relieves rules to allow an easy transition to green energy

Now India has eased norms to allow commercial and industrial customers to switch to green sources of electricity as India targets to decarbonise its fossil fuel-driven economy.

The Ministry of Power (MoP) said that consumers seeking open access to a clean energy source without being tied to the local distributor would have fewer surcharges to pay and get quick approvals. The threshold for such transactions is being reduced to 100 KW, from 1 MW, so smaller consumers enjoy the benefit.

The new rules could quicken large power users to switch away from coal power, which produces over 70% of electricity in India. Companies are inclined to improve their credentials in sustainability and are increasingly embracing renewable energy.

The current challenger is getting provincial power distributors, which control nearly 90% of the country’s electricity supplies, to adopt the transition. Customers find alternate power sources more expensive than coal-based power.

Power Minister Raj Kumar Singh told the media that the government aims to help customers reduce the cost of electricity.

He added that the Ministry would take all the necessary steps to achieve the target.

Image Source

Also read: Renewable energy to grow to new record in 2022

Now India has eased norms to allow commercial and industrial customers to switch to green sources of electricity as India targets to decarbonise its fossil fuel-driven economy. The Ministry of Power (MoP) said that consumers seeking open access to a clean energy source without being tied to the local distributor would have fewer surcharges to pay and get quick approvals. The threshold for such transactions is being reduced to 100 KW, from 1 MW, so smaller consumers enjoy the benefit. The new rules could quicken large power users to switch away from coal power, which produces over 70% of electricity in India. Companies are inclined to improve their credentials in sustainability and are increasingly embracing renewable energy. The current challenger is getting provincial power distributors, which control nearly 90% of the country’s electricity supplies, to adopt the transition. Customers find alternate power sources more expensive than coal-based power. Power Minister Raj Kumar Singh told the media that the government aims to help customers reduce the cost of electricity. He added that the Ministry would take all the necessary steps to achieve the target. Image Source Also read: Renewable energy to grow to new record in 2022

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 86574 75330

Join us Telegram

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back