Ganz Electric
Ganz Electric
TCI
TCI
Rayzon
Rayzon
Home » Power Update » Stronger policies needed for cleantech SMEs: report

Stronger policies needed for cleantech SMEs: report

By July 4, 2020 11:35 am IST

Stronger policies needed for cleantech SMEs: report
.

While India is on track to meet its ambitious clean energy targets, new-age clean technology start-ups and SMEs are expected to play an important role in helping the country achieve its goals. However, the COVID-19 pandemic and its resultant lockdown has impacted SMEs and start-ups the most, leaving the sector to seek support from the government through policy reforms in order to bounce back and drive clean energy innovations in the country.

According to the report, ‘Clean energy policy landscape in the SME sector’, published by WWF India in association with cKinetics, while India’s move towards clean energy transition has led to the emergence of various startups and SMEs, there are only a handful of policies that help accelerate the growth of these companies to meet India’s clean energy demands. While almost 140 government interventions focus directly or/and indirectly on clean energy and startups and SMEs, only 38 policies actually target SMEs in the clean energy ecosystem, making it difficult for SMEs to reap the benefits of the provisions. The report also attributes the slow growth of India’s mass transition to clean energy to limited policy support mechanisms for R&D and innovation for clean energy segments.

Advertising

EPR Android App Banner

A few of the recommendations mentioned in the report include: Provision to procure at least 20 per cent of capacity (MW procurement target) from SMEs under the DISCOM-led aggregation model in solar-rooftop segment; ensuring passing on the benefits in implementation of solar rooftops to the residential consumers in terms of 80C benefits; lowering GST slab of energy-efficient appliances and setting targets to procure a percentage of energy efficient goods from SMEs for entities such as EESL; and set up of short-term targets for EV roll-out over a time span that helps in achieving the long-term targets.

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Tags: Power Update
Webinar
Webinar
Android App
Android App
EPR EMagazine February 2025
EPR eMagazine February 2025
EPR eMagazine February 2025

Events

India Energy Week
India Energy Week
RenewX
RenewX
Wiretech 2025
Wiretech 2025
India Green Energy Expo
India Green Energy Expo

Our Sponsors

Wika
Wika
Ramelex
Ramelex
Ambionics India
Ambionics India
Rayzon Solar Pvt Ltd
Rayzon Solar Pvt Ltd
Om Technical Solutions
Om Technical Solutions
Harting
Harting
CyanConnode
CyanConnode
Hitachi Energy
Hitachi Energy
Doble Engineering
Doble Engineering
CSE Power
CSE Power
ACD Machine Control
ACD Machine Control
Kusam Meco
Kusam Meco
Nirmal
Nirmal
Apar Industries
Apar Industries
Aramco Asia
Aramco Asia
Axis Electrical
Axis Electrical
Meco Instruments Pvt Ltd
Meco Instruments Pvt Ltd
Neo Tele Tronixl Pvt Ltd
Neo Tele Tronixl Pvt Ltd
ZIEHL ABEGG
ZIEHL ABEGG
Paras Wires
Paras Wires
Waa Cables
Waa Cables
Balaji Switchgears
Balaji Switchgears
AEW
AEW
Gloster Cables Limited
Gloster Cables Limited
Cabex India
Cabex India
Newtech Switchgear
Newtech Switchgear
Vsole Solar
Vsole Solar
Ai Earthing
Ai Earthing
Rectifiers & Electronics
Rectifiers & Electronics
Elev8 Lift
Elev8 Lift
Synthesis Winding Technologies Pvt Ltd
Synthesis Winding Technologies Pvt Ltd
flir system
flir system
Omicron
Omicron
CAT
CAT
ATS Group
ATS Group
Ganz Electric
Ganz Electric
Havells
Havells
Eplan
Eplan
Synergy Transformers
Synergy Transformers
Marosons Electricals
Marosons Electricals
Myriad Industrial Solutions
Myriad Industrial Solutions
EMR
EMR
Teknika
Teknika
AVR
AVR
Indian Transformers
Indian Transformers
Triveni Turbine ltd
Triveni Turbine ltd
Ultra Electric India
Ultra Electric India
Polycab
Polycab
Electrotherment
Electrotherment
Minilec Group
Minilec Group