Renewable Energy Policy 2025

The policy sets targets to meet 20% of the nation’s power demand through renewable sources by 2030 and 30% by 2040. It provides financial incentives, including a 10-year corporate income tax exemption and duty-free imports for renewable energy components and raw materials. The framework introduces regulatory mandates such as Renewable Purchase Obligations (RPO) and a certificate mechanism to encourage utility-scale and private sector investment. Its scope covers diverse technologies including solar, wind, green hydrogen, and waste-to-energy, while emphasising grid stability through Battery Energy Storage Systems (BESS)

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