Mapping India's Energy Subsidies 2021: Time to Renew Support for India’s Clean Energy Ambitions?
Government support is more important than ever for the energy transition in the wake of COVID-19. Shifting government support from fossil to clean energy can ensure that every rupee of public money helps in achieving the goals of access, energy security, and the shift to a low-carbon economy.
The session, hosted by IISD and the Council on Energy, Environment and Water (CEEW), features insights on how the Government of India has used subsidies to support different types of energy from FY 2014 until FY 2020, and describes major shifts since the onset of COVID-19. Further, we explore how subsidy policy can best promote solar photovoltaic (PV) manufacturing, and how investments by Public Sector Undertakings (PSUs) are supporting the clean energy transition.