Renewable Energy Subsidy Policy 2016

The Renewable Energy Policy focuses on scaling up the Renewable Energy Technologies (RETs) and achieving the objectices on the UN's 'Sustainable Development Goals' and 'Sustainable Energy for All'. 

The objectives of the policy are to reduce dependence on traditional and imported energy by increasing access to renewable energy for improving the livelihoods of people and create employment opportunities, especially in the rural areas.

The policy establishes the following strategies: 1) to reduce the initial upfront cost thereby increasing the access to the renewable energy services; 2) to maximise service delivery and efficiency in the use of renewable energy resources and technologies in the rural areas; 3) to support development and growth of the renewable energy market by mobilising commercial credit, attracting private sector and entrepreneurs; 4) to encourage public-private sector participation in the renewable energy technologies, etc.