Renewable energy policy to create more employment: Report

A renewable energy policy consistent with long-term objectives can help India build up a Rs.54,000-crore renewable energy industry, and generate up to 24 lakh jobs by 2020, said a report released by Greenpeace Friday.

The report ‘Indian Energy Revolution – a roadmap to secure India’s growing energy needs without having to depend on the depleting and polluting fossil fuels’ – has been jointly drafted by the Global Wind Energy Council (GWEC) and the European Renewable Energy Council (EREC).

It focuses on the socio-economic impacts of renewable energy and proposes the pathway to ensure India’s energy security in the long run.

“The job generation potential of renewable energy and energy efficiency domains can be two to three times that of conventional energy, for example coal and oil,” the report said.

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