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Tamil Nadu to announce renewable energy policy soon

The Indian state of Tamil Nadu one of the pioneers in renewable energy and the leader in Wind Energy with about 43% of the installed capacity in India has released a Solar Road map for the state in December last year.

Earlier this month, Tamil Nadu Chief Minister J Jayalalithaa said that her government was proposing to bring out the “Vision Document 2025″ meeting the expectations of the industry leaders, she said.

“This document will contain clear-cut policies for promoting investments in infrastructure like power, ports, ship building. There will be special emphasis on renewable energy like solar power”, she said.

Since, a couple of days ago, Principal Industries Secretary, N. Sundradevan  had said that Tamil Nadu was currently considering a number of new initiatives such as the sector specific industry policy to improve the investment climate and attract more Foreign Direct Investment and the first in line would be the launch of energy sector policy.

According to reports, the Tamil Nadu Government is expected to announce the much-awaited renewable energy policy within the next ten days, an official of the Tamil Nadu Energy Development Agency (TEDA) has said.

Addressing a visiting Japanese delegation in a meeting organised by the Confederation of Indian Industry (CII), Mr K.
Gururajan, an official of TEDA, said that the State Government was “very serious” about developing renewable energy.

The renewable energy industry, especially, the solar industry has been keenly awaiting the State Government’s policy,
particularly against the backdrop of the desire expressed by the Tamil Nadu Chief Minister, Ms J. Jayalalithaa, to develop 3,000 MW of solar power capacity in the State.

The crucial part of the policy would be the price at which the State utility would buy solar power.

But the renewable energy policy would also encompass wind and biomass power..

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