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Policy Watch Newsletters
Focus Energy Policy Watch: November 2014
Dec 11, 2014  [PDF]
(Please click here to download)
Contact :
Neerja Bhatia
[Executive Director]
Confederation of Indian Industry
CII Central Office
Mantosh Sondhi Centre
23 Institutional Area
Lodi Road
New Delhi
Delhi
India-110003
Phone : 91-11-24629994 - 7
Fax :91-11-2462 6149
Email : neerja.bhatia@cii.in

Brief Description:

One of the biggest challenges for the resurgent Indian economy is the exponentially growing demand for energy. With the country's oil import bill for last financial year touching a staggering $150 billion and per capita consumption of electricity languishing at a paltry 917.2kWh, as against 3298 kWh in China and 12346 kWh in the US, energy is clearly a critical focus area for the new NDA Government.

 

The Government has decided to tackle this challenge proactively by focusing on the three As – access, availability and affordability – as the primary drivers to reach the goal of sustainable energy for all. Landmark reforms are being planned for energy sector policies, and some, such as the new bill for the coal sector, has improved upon a 40-year legacy with one bold stroke. The Government has also set very ambitious targets for the renewable energy sector, with 100GW of solar energy installed capacity envisioned by 2020, entailing investments to the tune of USD 100bn.

 

Given the significant developments underway in this sector, the November issue of Policy Watch reached out to industry leaders across the power, hydrocarbons and renewable energy sectors, to capture their views on the policy reforms being proposed by the Government, and their recommendations to ensure a sustainable and energy-secure future for the country. 

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