Its a funny side of Indian RE policy

Whats happening to renewable energy sector in India? The recent civil nuclear deal signed by India with US and other nuclear supplier around the world indicate that Government of India is still hell bent on promoting nuclear energyas a quick fix solution to Indian energy crisis.

The recent U turn by the government in its stand on climate change has added more confusion to the debate. Are we ready to agree to a compulsory reduction?

Well, let's see what happens.

Project viability assessment

Off late lot of interest has been generated in India about the Renewable energy projects and many investors have shown interest in the financing of the projects.

The key issue that I want to discuss is how good these projects are in terms of viability and how many of these projects have the right kind of business planning necessary to make these projects viable.

I would like to know from others what they feel about the project viability assessment currently in place in Indian banks and how these banks fund RE projects.