Govt Removes Dual Consent For Wind, Solar & Other RE Projects
Background
The government has removed the requirement for dual consent for wind, solar, and other renewable energy (RE) projects. This is a significant step towards simplifying the approval process for RE projects and making it easier for businesses to invest in clean energy. Previously, RE projects required consent from both the central government and the state government. This often led to delays and uncertainty in the approval process.
The removal of dual consent is a welcome move that will help to accelerate the development of RE projects in India. The country has set itself an ambitious target of achieving 40% of its installed power capacity from non-fossil fuel sources by 2030. This target can only be achieved with a significant increase in the development of RE projects.
Benefits of Removing Dual Consent
There are several benefits to removing dual consent for RE projects. These include:
- Reduced delays: The removal of dual consent will reduce the time it takes to get RE projects approved. This will make it easier for businesses to plan and invest in RE projects.
- Reduced uncertainty: The removal of dual consent will reduce the uncertainty associated with the RE project approval process. This will make it more attractive for businesses to invest in RE projects.
- Increased investment: The removal of dual consent will lead to increased investment in RE projects. This will help to create jobs and boost economic growth.
Conclusion
The government's decision to remove dual consent for wind, solar, and other RE projects is a positive step towards increasing the development of RE in India. This will help the country to achieve its ambitious target of achieving 40% of its installed power capacity from non-fossil fuel sources by 2030.