With the NDA Government preparing to present the Budget, clean forms of power such as solar energy need adequate outlays, tax holidays and other positive policy incentives. These will then require speedy implementation to bring about on-ground changes.

Anurag Garg, vice president-solar business, Schneider Electric India said, 'We hope a macro-economic framework will be put in place, linked to global renewable policies that permit solar equipment manufacturers a level-playing field, while simultaneously allowing the sector to become investor friendly.'

'A strong policy framework should give the utilities the position whereby they can offer to supply solar deployment or lease schemes to their consumers. Rather than being passive recipients of power, the utilities can play a critical role in the rooftop solar value chain. Moreover, regulators should make allowance for robust pricing of network upgrades, including smarter DMS, and factor them into their tariff plans.

Greater harmonization in the policies of the centre and the states is also imperative, based upon the best practices of different policies. This will ensure that no stakeholder works at cross purposes and will thereby foster a stable policy regimen across India that attracts more investments and greater interest from developers. All budgetary policies should also consider the long-haul interest of investors and suppliers that underpin the long-term viability of projects, instead of incentives that promote short-term interests.'

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