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India is stepping up efforts to establish itself as a global leader in solar energy. Surveying the country’s renewable energy landscape,

Bob Nelson discusses the way forward

As countries continue to come to terms with a post-Copenhagen world, India has been taking its first bold steps towards becoming a world leader in renewable energy and cleantech. On 11 January the government officially launched the Jawaharlal Nehru National Solar Mission (NSM) with ambitious plans to raise installed capacity to 20,000 megawatts of solar power by 2022.

Over the last few years India has made steady progress on the renewable energy front. Great strides have been made in the area of wind energy in particular, largely through the work of Suzlon and other local groups. At present the biomass and biofuels arena and that of solar energy is witnessing increased activity. Given the degree and intensity of sunlight that India enjoys, the government has realized that solar energy can potentially play a significant role in fulfilling the country’s energy needs.

The role of renewables

India has a legacy of unreliable and insufficient power that has constrained the growth of manufacturing and other power-intensive industries and hampered economic development. This has prevented the economy from absorbing additional sources of available labour, including the underemployed in rural India.

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Bob Nelson is a partner at Akin Gump Strauss Hauer & Feld. He has over 15 years of professional experience in the Indian power sector, including representing Bechtel and GE in the Dabhol power project restructuring that culminated in 2005. The views expressed in this article are the author’s personal views and are not attributable to Akin Gump Strauss Hauer & Feld. The author would like to extend his thanks to Sudip Mullick and Amitabh Sharma of Khaitan & Co for their helpful comments on several points and to the long-time former head of Bechtel India, Dr Phiroze J Nagarvala, for his sage advice over the years and that pertaining to this article in particular.

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