Consider the following about New and Renewable Sources of Energy Policy.
1. Formulated in 2012
2. Generate 1,446 MW (approx)
3. Provide financial assistance
4. Promote new energy sources
Which of the following is true?

Solution (By Examveda Team)

New and Renewable Sources of Energy Policy (NRSE), 2012 is formulated to develop and promote new and renewable sources of energy based technologies and energy conservation measures as well as providing financial and fiscal assistance. It also addresses the problems arising from depletion of conventional sources of energy and environment pollution. At present, NRSE projects generate 1,446.5 MW of energy and will expand to 2,400 MW by year 2022.