Current Affairs - Miscellaneous - Discussion

The Ministry of Environment, Forest and Climate change has announced that it is to relax the mandatory charging of lease rent of Rs. 30,000/- per Mega Watt (MW) for wind power projects. The announcement was made by the Union Minister for Environment, Forest and Climate Change, Prakash Javadekar at a review held in New Delhi. The step by the Ministry aims to boost investment in wind power projects. It will also help in providing wind power at a cheaper rate. The government aims to meet maximum energy requirement by tapping renewal energy resources. It also plans to achieve the target of clean energy in a time-bound manner, various policies and regulations are being constantly updated. The move will help in providing wind power at a cheaper rate & also strengthen India's commitments towards International Agreements such as National Commitment pledged in Paris in December 2015, which was to have 40% of the power from renewable resources by 2030.x