- Date : 15/12/2022
- Source : Renewable Watch
he renewable sector and the overall economy, both domestic and global, have been impacted by significant recent geopolitical upheavals. The energy crisis due to the Russia-Ukraine conflict clearly points to larger investments in green power. The Government of India has taken many initiatives in recent times to promote and provide a favorable environment for the growth of renewable energy. India has also played a major role at COP27 and on various international platforms to espouse the need for action on climate control. The proposed amendments to the Energy Conservation Act that have been passed in the Lok Sabha will empower the country to increasingly strive towards its net zero commitment of 2070, with further implementation of the Nationally Determined Contributions in a timely manner.