India's ministry of power has announced a new scheme that aims to streamline and harmonise the country's varying renewable energy power structures. The government is planning on setting up an independent body called National Renewable Energy Authority (NREA) which will be responsible for regulating all aspects related to solar energy. The move follows concerns that the contrasting regulations in different states have become overly complex, restricting innovation and deterring consumers from taking up the technology.
India's ministry of power has announced a new scheme that aims to streamline and harmonise the country's varying renewable energy power structures. Under amendments to the 2003 Electricity Act, the proposals would see all states adopt a unified tariff structure, spanning different consumer categories, with electricity prices based on a combination of the load used and energy consumed. The move follows concerns that the contrasting regulations in different states have become overly complex, restricting innovation and deterring consumers from taking up the technology.