The new power tariff policy appears to be promising, as it is aimed at far-reaching promotions of clean energy.

  The new power tariff policy appears to be promising, as it is aimed at far-reaching promotions of clean energy. Such promotional activities from the ministry itself would allure more investors into the renewable energy segment. Furthermore, the solar energy segment might witness hopeful vistas, with the amendments in the regulations of distribution companies. As per the new approved policy and the amendments, the RPO has been increased to 8 per cent for solar energy by March 2022.
With such goals and targets, the solar power segment definitely seems to be headed towards greener pastures along with the economy of the country. The ministry also underlines that it aims at achieving the 4Es; Electricity for all, Efficiency to ensure affordable tariffs, Environment for a sustainable future and Ease of doing business to attract investments and ensure financial viability. Considering India’s capacity, in terms of solar energy, achieving the 4Es wouldn’t be uncomplicated and trouble-free, but not impossible.