Following in the footsteps of international success, India has now joined the list of countries that has adopted an attractive feed-in tariff for renewable power generation. It is no coincidence, its the the very same mechanism that drove a sluggish German renewable sector from obscurity to world leader status.
Unlike China’s tariff policy supporting wind, the Indian feed-in tariff is inclusive covering small hydro, solar systems, biogas, cogeneration, and waste to energy technologies subject to approval by the regulatory commission.
During the first year of operation the developer enjoys 100% of the potential carbon credit under CDM. However every year thereafter, an additional 10% up to a maximum of fifty (50%), must be shared with the utility.
- John Herbert, Consultant, Kelcroft E&M Limited
helping lower the cost and impact of doing business in Asia