Footnote:
In: OIDA International Journal of Sustainable Development, Vol. 13, No. 03, pp. 11-24, 2020
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 22, 2022 erstellt
Description:
Today, India can well be identified as an energy guzzler. The demand for power is increasing exponentially and the scope of growth of this sector is immense. India’s energy consumption has almost doubled since the year 2000 and the potential for further rapid growth is massive. India has been dependent on fossil fuels such as coal, oil, and gas for its energy requirements. Fossil fuel reserves are diminishing rapidly across the world, intensifying the stress on existing reserves day-by-day due to increased demand. Owing to its location between the Tropic of Cancer and the Equator, India has huge solar potential. Ministry of New and Renewable Energy (MNRE) is the nodal ministry of the Government of India at the central level for all matters relating to new and renewable energy. Government, being the main regulatory body, is promoting the use of renewable energy in general and solar energy in particular in the country by their policies, programs and incentives to achieve energy security in a sustainable manner. The study is significant as it makes an attempt to understand the initiatives from the stakeholders’ perspective in terms of their awareness, accelerators, barriers and satisfaction level regarding these policies, programs and incentives. The study also envisaged understanding the impediments in implementing these initiatives from the perspective of the government and generating a framework for better acceptance and implementation of such initiatives