According to reports, area-specific incentives in the renewable energy sector are critical, and the country needs to focus on policy regulation, technology advancement and financial options coupled with innovation for the development of this sector.
This was the consensus among participants at the conference on renewable energy organised by Confederation of Indian Industry (CII) at its northern headquarters in Chandigarh today.
Speaking on the occasion, Haryana Principal Secretary Renewable Energy Vijay Vardhan said that India struggles to produce even one-third of its petroleum consumption.
The country is ploughing in a huge part of its foreign exchange reserves on import of petroleum products which is a matter of concern, he said.
Vardhan said Haryana Electricity Regulation Commission has fixed the renewable energy purchase obligation of 1.5 per cent of consumption of energy on the state for the year 2010-11 and 2011-12.
A 6 MW small hydro power project at Yamuna Nagar, 2 MW small projects at Karnal have already started operations and a 9.5 MW biomass power plant is expected to soon come up in Bhiwani.
He added that as part of the National Solar Mission, in the first phase 8.8 MW plants are being set up in the state, and one such power plant of 1 MW has been recently commissioned in Bhiwani.
Emphasising on global partnerships, Suresh Prabhu, the Chairman of Centre for Energy, Environment & Water, said, “There is a need for creating a ‘Sunshine Club’ of countries with more than 300 days sunshine, to bring together users and technology providers. Countries like Germany, South Korea, Japan, United States of America, Spain and China can play a leading role in providing advanced and cost effective technologies,” he added.
Prabhu asked Confederation of Indian Industry to partner with state agencies and conduct district wise energy need assessment and the kind of energy mix available and required at grass root level.