Area-specific incentives in the renewable energy sector are critical, and the country needs to focus on policy regulation, technology advancement and financial options coupled with innovation for the development of this sector.
This was the consensus among participants at the conference on renewable energy organised by Confederation of Indian Industry (CII) at its northern headquarters in Chandigarh today.
Speaking on the occasion, Haryana Principal Secretary Renewable Energy Vijay Vardhan said that India struggles to produce even one-third of its petroleum consumption.