The Ministry of New & Renewable Energy (MNRE) recently co-organised a panel discussion on ‘Energy Security through Renewable Energies’ under the 10th edition of the Green and Sustainable Development Partnership (GSDP) Conversation Series.
The panel discussion featured Santosh Kumar Sarangi, Secretary, MNRE, Dr. Philipp Ackermann, Ambassador of Germany to India and Bhutan, Vaishali Nigam Sinha, Co-founder and Chairperson of Sustainability, ReNew and Aparna Roy, Fellow and Lead, Climate Change and Energy, Observer Research Foundation (ORF) The discussion was moderated by Shreya Jai, Energy Lead, Climate Trends.
In his keynote address, Secretary, MNRE highlighted India’s remarkable renewable energy journey over the past decade, which has positioned the country as one of the global leaders. He attributed this progress 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% Foreign Direct Investment under the automatic route, targeted measures to strengthen domestic manufacturing through initiatives such as the Production Linked Incentive (PLI) Scheme and the Approved List of Models and Manufacturers (ALMM),etc.
