Question

Which of the following is/are the reason/s that the programmes implemented by IREDA and MNES have not yet succeeded in making RETs the major alternative source of energy?
1. Focus on employment generation.
2. Emphasis on industrial use of renewable energy.
3. Interest rate subsidies linking these to Government budgets and political cycles.

• A. Only 2
• B. Only 2 and 3
• C. Only 3
• D. Only 1 and 2
• E. All 1, 2 and 3

Answer 1

The correct option is C Only 3

Interest rate subsidies linking these to Government budgets and political cycles is a reason that the programmes implemented by IREDA and MNES have not yet succeeded in making RETs the major alternative source of energy.