Govt announces 2 new rules to increase green energy investments
Hindustan Times|October 24, 2021
NEW DELHI: To increase investments in renewable energy, the central government on Saturday announced two new rules to ensure renewable utilities recover generation costs on time and are assured of regular energy purchase by states and power distribution companies.
Sweta Goswami

“The new rules would help create an investment-friendly environment in the country," the power ministry said in a statement on Saturday.

The rules are significant because several renewable energy pacts have been stuck in states such as Punjab, Andhra Pradesh, Telangana, Rajasthan and Gujarat over inordinate payment delays and issues in land acquisition and regulatory clearances, a ministry official said.

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