Tamil Nadu businessmen crafting renewable energy policy

Will guide development of this important sector.

The Southern Indian Chamber of Commerce and Industry said Tamil Nadu has a solar energy policy but no renewable energy policy. It believes this is the right time for the state to draft a renewable energy policy. “The policy should include measures to enhance private-public partnership in pilot projects in renewable energy. We also need a policy that would ensure creation of a single window clearance mechanism for all renewable energy sources and offer preferential payment disbursement to renewable energy generators,” said SICCI president Jawahar Vadivelu. Tamil Nadu is the third most developed state in India and had the second largest state economy in 2012. It has the highest number of business enterprises and stands second in total employment in India. Vadivelu said Tamil Nadu is already a leading state in wind power generation but there is also the realization that there is still a long way to go to become a fully mainstream renewable energy producer. Renewable energy accounts for 12% of India’s total installed power generation capacity, a 150% increase over the past five years.