It proposes to replace the Integrated Energy Policy and allow a quantum leap in the uptake of renewable energy.
Government’s NEP Policy is on rise. It is soon going to constitute a committee to monitor the National Energy Policy (NEP). It will be headed by Prime Minister, Narendra Modi, to oversee implementation of the proposed National Energy Policy (NEP).
It will lay the road map for clean energy and reduce fuel import. It primarily aims to promote energy independence.
The National Energy Policy envisages interventions across multiple ministries over an extended period of time till 2040.
The top-level steering committee will include ministers of the relevant ministries and will be serviced by the NITI Aayog. A second panel, comprising secretaries of concerned ministries and headed by NITI Aayog’s CEO Amitabh Kant. It will help in inter-ministerial coordination for smooth implementation of the proposals.
According to the draft NEP, which is up for public view, the period 2017-2040 is expected to witness a quantum leap in the uptake of renewable energy. Drastic reduction in energy intensity, doubling of per capita energy consumption and tripling of per capita electricity consumption are also considered.
The broad objectives of the NEP are enhanced energy independence, increased access at affordable prices, greater sustainability and higher economic growth.
The policy also lays emphasis on energy efficiency, technology, regulatory oversight, effective overseas engagements. Air quality considerations and human resource development in the energy domain will also be considered