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Past Issue • Jul-Sep 2014

Meeting India’s Renewable Energy Targets: The Financing Challenge

A spurt in activity in the renewable energy sector reveals the shifting importance of the sector in India’s energy supply mix. However, a key constraint in developing the sector is the issue of access to the required finance and scalability of the investments. In a comparative assessment of the impact on financing costs in the renewable energy sector, Professor Gireesh Shrimali outlines measures to improve India’s renewable energy financing challenge. Introduction – Financing Costs Increase the Overall Cost As India wrestles with the historic challenge of pro viding sufficient electricity for its growing population and booming economy, the national government is pursuing another equally difficult and impressive goal — markedly expanding the share of renewable sources in its energy supply mix.

ABOUT THE AUTHORS

  • Gireesh-Shrimali

    Gireesh Shrimali

    Assistant Professor of Energy Economics and Business at the Monterey Institute of International Studies.
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