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Clean Energy Rules, Simpler the Better

For any project to develop simple, transparent rules and regulations are a necessity and if India is to achieve the ambitious set target, it requires huge investments and investors/developers will become interested only when they do not fear for the viability of their project. Govt needs to ensure that the levied rules do not change midterm of project so as to keep the developers interested in long term. When the tenders are given, Govt needs to ensure transparency on every aspect including change of law clause otherwise there will be negative sentiments amongst investors and developers adversely impacting the entire sector. 

Considering present apprehension among developers regarding implementation of safe guard duty, developers are not participating in the auction. So government and regulators must devise the road map for 175 GW, considering the market dynamics and sentiments of developers and investors and accordingly pave the way.