Renewable energy law to help tide over shortage

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Sushmi Dey & Subhash Narayan NEW DELHI

WHILE the Indo-US nuclear deal may be waiting in the wings, the government has proposed yet another initiative to boost the growth of alternative energy sources in the country. It is planning to enact a new Renewable Energy Law that would stipulate mandatory procurement of prescribed minimum renewable energy in each state. The move is aimed at diversifying the country's energy mix that is dominated by oil, gas and coal as basic fuel feed.

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18/07/2008