The government plans to introduce feed-in-tariff shortly to boost production of electricity from renewable sources in a bid to ensure energy security and cut carbon emission. Feed-in-tariff is a policy designed to accelerate investment in renewable energy technologies such as solar, biomass, hydropower and wind by providing tariff above the retail rate of electricity to producers. Under FIT, the state offers long-term contracts to producers. “We will go for feed-in-tariff,”...
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