States ask for subsidies, support, protection, right policies to boost clean energy in India

States on Wednesday urged the Centre to provide a level-playing field for domestic investors in the renewable energy sector and categorise large hydro projects as clean energy source to give a boost to green energy projects.

Chief ministers and representatives of various states at the Second Global RE-Invest Summit here demanded that subsidies and easy credit should be provided to domestic investors as well as feasible and acceptable policies.

"There should be a level-playing field because foreign investors come with huge investments. Our Indian investors needs protection from the government," Puducherry Chief Minister V Narayanasamy observed during a session.

The government should provide bank support and bank subsidy for harnessing clean energy sources, he stressed.

States also asked the government to protect the domestic industry for improving renewable energy equipment manufacturing particulary of solar energy and reducing huge import dependence.

Uttar Pradesh Minister of Additional Energy Sources Brajesh Pathak sad, "There a lot of scope of investing in solar energy in Uttar Pradesh, We will extend all support for your investments."