Energy is one of the most critical and important factors for growth of any economy. Adequate infrastructure and policies are essential for the growth of energy sector and thus, the economy. India’s power sector is one of the most diversified in the world. India generates its energy from a gamut of sources ranging from conventional sources such as natural gas, hydro, oil, coal, lignite and nuclear power to now viable non-conventional sources such as wind, solar, and agricultural and domestic waste.

Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the country, massive addition to the installed generating capacity is required.

“Ernst and Young has ranked India as third on Renewable Energy Country Attractiveness Index.”

This is a reflection of the sincere efforts by the state to promote renewable energy and execute projects within the timelines. The government has planned several initiatives to achieve the targets. The policies are in line with the intent and the country is on its way to rocket its way to the targets.