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A cleaner environment, less pollutant energy, a sustainable living model are some of the ambitious target set by the government at the centre. This is both applicable for the industry and for the people of the country.

India´s demand for stranded assets and for those with potential to displace other liquids has been assessed by agencies to be about 500 MMSCMD. However, these projections are modest, when the potential of gas availability to bring to fore the latent demands is factored in. Up to 800 MMSCMD gas can be estimated in supply unconstrained scenario.

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.

Success of the RPO policy primarily depends on ensuring that obligated entities comply with this mechanism. This can be enforced through stricter compliance regulations and penalties for non-obligating entities. Possibly, if non-compliant entities can be mandated to purchase REC´s corresponding to their obligation for a calculated period of around 6 months - 1 year in the past, this may support clearing out of the current pending REC´s that are lying unredeemed.

Hydro power - used synonymously to refer hydroelectricity - is energy derived from falling or fast running water. A green source of energy, it is viewed by institutions like the World Bank as a means for economic development without adding substantial amounts of carbon to the atmosphere.

India´s power sector is at an inflection point, given the government´s conviction that electricity is a critical enabler for economic growth. Distribution sector in particular, is in the focus with new generation of reforms initiated by the government.

India will need huge investments adding up to over Rs.10 lakh crore in coal mining and its allied sectors to achieve the government´s target of 1.5 billion tonne (BT) target of coal production by 2020, according to a PwC study.

Waste-to-energy can help India deal with the not only the increasing garbage disposal problem, but also address health and economic issues. It provides a largely unexplored potential for the country´s development.