India has positioned itself as one of the global leaders in renewable energy sector
Mumbai, June 19 -- The Ministry of New & Renewable Energy has stated in a latest update that India's remarkable Renewable Energy journey over the past decade has positioned the country as one of the global leaders. This is primarily due to a robust and enabling policy ecosystem comprising Renewable Purchase Obligation (RPO)/ Renewable Consumption Obligation (RCO), Standard Bidding Guidelines for tariff based competitive bidding process for procurement of Power from Grid Connected Solar, Wind, Wind-Solar Hybrid and Firm & Dispatchable Renewable Energy, permitting up to 100 per cent Foreign Direct Investment under the automatic route, targeted measures to strengthen domestic manufacturing through initiatives such as the Production Linked In...
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