|Policy status:||In Force|
|Policy Type:||Policy Support>Strategic planning, Economic Instruments>Fiscal/financial incentives>Tax relief, Regulatory Instruments>Codes and standards|
|Policy Target:||Multiple RE Sources|
|Policy Sector:||Framework Policy, Multi-sectoral Policy|
|Agency:||Punjab Energy Development Agency (PEDA)|
The Punjab New and Renewable Sources of Energy (NRSE) Policy – 2012 was created to develop and promote new and renewable sources of energy-based technologies and energy conservation measures as well as providing financial and fiscal assistance, thereby addressing the problems arising from depletion of conventional sources of energy and environment pollution. The policy shall replace and supersede the previous New and Renewable Source of Energy (NRSE) Policy 2006, No. 10/106/2006-STE (1)/5390 dt. 24th November, 2006, unless specifically stated within the new policy.
NRSE are defined as small hdyro up to 25 MW, biomass including co-generation, solar photovoltaic, solar thermal, urban, municipal and industrial solid/liquid wastes, biomethanation, gasification, wind and new NRSE sources like fuel cells/hydrogen/biofuels etc. of any capacity. The State of Punjab will promote investment through private/public sector participation in these areas.
Fiscal and technical incentives include:
Last modified: Mon, 21 Nov 2016 19:23:58 CET