Odisha: Seeking to promote green energy, the Power Ministry has proposed to define minimum share of renewable energy in the overall consumption by industrial units. Provisions would also be made to incentivize efforts on using clean energy sources by means of carbon saving certificate.
In order to ensure this and include other measures to boost clean energy consumption, the ministry will amend the Energy Conservation (EC) Act, 2001.
Power Minister RK Singh reviewed the proposed amendments recently and directed officials to seek comments and suggestions from concerned line ministries, departments and state governments.
The official statement on Saturday noted that India stands at the forefront of addressing the climate change and has committed to an ambitious Nationally Determined Contributions (NDCs) of reducing emission intensity by 33-35% in 2030 against the levels of 2005. Further, India is committed to achieve more than 40 per cent cumulative electric power installed capacity from non-fossil fuel energy resources by 2030.
“The proposed changes to the EC Act will boost the adoption of clean technologies in various sectors of economy. The provisions would facilitate promotion of green hydrogen as an alternate to the existing fossil fuels used by the industries,” the statement noted.
The additional incentives in the form of carbon credits against deployment of clean technologies will result in private sector involvement in climate actions. The proposal also includes expanding the scope of Act to include larger residential buildings with an aim to promote sustainable habitat, it added.
