For Indian Utilities, 5% Energy to Come from Renewable Sources from 2009-10

By Narsi Santhanam • Jan 23rd, 2009 • Category: Uncategorized

Dec 2008 News

Underlining the importance of electricity regulator in implementation of a national action plan on climate change, Pramod Deo, chairman of the central electricity regulatory commission (Cerc), in December 2008 said that all power utilities in the country will have to buy at least five per cent of their grid purchase from renewable energy sources from 2009-10 onwards.

The Cerc will fix the dynamic minimum purchase standard for renewal energy which will help reduce emission from the electricity sector. “While the minimum purchase standard will be fixed, from 2009-10 onwards all electricity utilities in the country will have to buy renewable energy. There will be one per cent increase in the purchase of renewable energy for every year for the next 10 years,” he said.

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Narasimhan (Narsi) has extensive experience in understanding renewable energy markets and strategic levers for success in these markets. His special focus has been his work on the Indian renewable energy industry. His work in the previous 15 years have spanned market and industry research, product management and international sales, and strategic consulting. see more http://www.eai.in/ref/team/ns.html

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