THE government needs to tweak its policies on renewable energy to make wind and solar power projects cost-effective if it has to achieve the ambitious target of doubling the capacity to 55,000 mw by 2017, according to a recent survey. A survey conducted by Climate Policy Initiative (CPI) and Indian School of Business (ISB) said renewable energy requires policy support as unsubsidised energy is 52-129 per cent more expensive than conventional power.
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