Solar energy: Focus must be on policy direction & faster clearances
Jayarama Emani | The Dollar Business Government’s should focus on providing policy direction and faster clearances of investment proposals and projects into the renewable energy sector, said an expert. Speaking to The Dollar Business, R Madhusudhan Rao, MD, Oorja Energy Engineering said, “Large investments into new sector like renewable energy is definitely going to have its ripple effect in multiple directions starting from requirement of trained and skilled manpower to demand for ancillary equipment and services and hence policy direction becomes critical.” He went on to add, “Huge investments are bound to come in to this sector due to the inherent advantages that India has in terms of solar radiation and lower installation costs. Additionally, the continued supply gap for power makes ...
