Driven by it increasing appetite for energy to fuel its bulk sms service economic engine, an over dependence on fossil fuels, increasing pollution levels across its major cities and a rising fuel import bill, India's need to adopt and propagate the use renewable sources is more pressing bulk sms service than most. To its credit, India has already made rapid strides towards achieving its core objectives in the renewable energy development domain. As a result of the concerted bulk sms service efforts put in by the central government and its Union.
Ministry of New and Renewable Energy in tandem bulk sms service with several state bodies and NGOs, India today is a leading global player in terms of its total installed wind power capacity and decentralized solar energy projects. Solar energy is fast bulk sms service becoming the preferred option in the generation segment across a large number of states, driven largely by the ample sunlight across most parts of the bulk sms service country and multiple government incentives like tax holidays and capital subsidies. Key factors like rapid improvements in technology, entry of fully integrated players and the sheer economics of scale have all combined to reduce capital costs of solar bulk sms service energy projects significantly in recent years.
With this, several renewable energy projects bulk sms service including solar are expected to achieve grid parity as early as next year, when compared with costly to fuels such as LNG and imported coal. Other key initiatives include: announcing the National Wind Energy policy, approval for bulk sms service MW of grid-connected solar power projects by the NTPC and the inclusion of the renewable energy under priority sector lending by the RBI which has paved the way for bulk sms service banks to provide loans to borrowers for renewable energy projects.