The favorable climatic conditions for use of Renewable Energy in India provide an abundant untapped potential for solar, biomass and other renewable energy sources. Renewable Energy in India has the ability to play an important role in grid connected as well as off-grid and decentralized power generation and applications. FICCI believes adoption of Renewable Energy is very important for India as it will increase energy security, energy access to for energy deprived population, reduce forex outgo and reduce our dependence on depleting fossil fuel resources. FICCI's Renewable Energy Division has taken up a broad spectrum of initiatives to promote and address industry's concerns from time to time on the generation and use of renewable energy.
The FICCI Renewable Energy Division works on renewable energy policy and regulatory issues, acts as a catalyst for business promotion, trade and investment linkages and represents voice of Indian industry at domestic and global forums.