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Recent
Paradigm Shift
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Fossil Fuel costs have
sky rocketed since 2004 and Coal/Oil/Natural Gas prices are
unlikely to decline very significantly in the predictable
future. |
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Renewable Energy
Technologies (RET) are fast
maturing. Techno-economic viability of Biomass, Wind
& Hydel Power is field
proven. |
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Kyoto Protocol has become a treaty from
Feb 16th, 2005, opening up new project financing
options/supplementary revenue streams under CDM (Clean
Development Mechanisms). |
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Indian Electricity
Act 2003 was passed by the Parliament in 2004...key
positions include delicensing of Power Generation and "open
access" obligation of Power Transmission Utilities.
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Decentralized
& Distribution Generation schemes Electrification
schemes are emerging as the preferred option for Rural
Electrification in developing economies.
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Evolution towards competitive electric markets coupled with development of
new generation technologies, has sparked new and broader interest in
Distributed Generation (DG). |
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