Economic Survey 2018 Calls for Review of Subsidies for India’s Green Energy Sector
The report, tabled in Parliament a few days ahead of the Union Budget, also suggested assisting project developers with various risk mitigation instruments
January 30, 2018
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Concerns about tumbling tariffs and frequent Power Purchase Agreement (PPA) renegotiations were just a few of the items highlighted by the Economic Survey 2018, which was tabled in Parliament by Union Finance Minister Arun Jaitley. The report also suggested that current subsidy and incentive mechanisms for the country’s renewable energy sector be revisited in light of recent developments.
Ankita Rajeshwari
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