Right policies are key to India's EV revolution
EV is the most talked about topic in the energy industry today, because two energy sectors are involved - electric supply and oil and gas. On the supply ecosystem, the government is working on a policy as to who should be responsible for setting up the charging infrastructure.
Transition from FiT to competitive bidding is a progressive change
The wind energy sector has progressed significantly over the past decade. The installed capacity of the country has doubled in the last five years and reached a whopping 32,508 MW which is almost ~56 per cent of our installed renewable energy base.
Green shoots in RECs
Renewable energy certificate (REC) mechanism, a market-based instrument introduced in 2010 to promote renewable energy and facilitate compliance of renewable purchase obligations (RPOs), has not received an enthusiastic response from the obligatory entities till recently.
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