What are the major initiatives and policies to promote renewable energy sources and achieve India's clean energy targets

India has implemented several major initiatives and policies to promote renewable energy sources and achieve its clean energy targets: 1. National Solar Mission: Launched in 2010, this aims to promote solar energy through policy mechanisms, capacity building, and research and development. 2. Wind Energy Development: Various incentives such as generation-based incentives, accelerated depreciation, and tax benefits have been provided to boost wind energy installations. 3. Bioenergy Promotion: Initiatives focus on promoting biomass power and biogas production through financial incentives and supportive policies. 4. Hydropower Development: The government has introduced policies to encourage the development of small hydropower projects while ensuring the preservation of ecological balance. 5. International Solar Alliance (ISA): India leads this global alliance to facilitate the deployment of affordable solar technologies and mobilize investments for solar projects. 6. Renewable Purchase Obligation (RPO): It mandates the purchase of a certain percentage of electricity from renewable sources by obligated entities, thereby stimulating demand. 7. Competitive Bidding: The adoption of competitive bidding processes for procurement of renewable energy has significantly reduced project costs. 8. Grid Integration: Measures are being taken to integrate renewable energy sources with the electricity grid for reliable and efficient power transmission. 9. Energy Efficiency Initiatives: Programs promoting energy-efficient technologies, appliances, and buildings have been implemented to reduce overall energy consumption. These policies and initiatives reflect India's commitment to transitioning to clean and sustainable sources of energy.
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