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Published in Renewable Watch magazine, November 2010. The recent launch of Renewable Energy Certificates (RECs) in India is one such opportunity that could lead to game changing events in the foreseeable future. The REC market can provide a greater push to the renewable energy (RE) sector by removing bottlenecks such as higher costs, uneven distribution of RE resources, and increased procurement by utilities. ICF International’s Nitin Zamre, Yasir Altaf, and Pramod Kumar Singh examine the emerging opportunities in REC markets.

Authored By

  • Vice PresidentICF International

    Nitin Zamre is responsible for ICF International's India operations. He has more than 15 years of experience advising public and private sector clients in energy issues worldwide. His key areas of expertise are power and fuel markets in India. He has also worked on energy markets in Europe, Africa, Saudi Arabia, and Bangladesh.

    Mr. Zamre has led teams advising clients on energy and infrastructure projects—upstream acquisition, feasibility, and strategy of investment; contractual risk management; process improvement for power utilities; vision exercises for state governments; and bid process management. He has executed assignments related to liquefied natural gas (LNG)—import, receiving and regasification terminal, pricing, risk-related and contractual/regulatory issues, and market studies.

  • AssociateICF International

    Pramod Kumar Singh performs power market assessment, power asset valuation, risk assessment of power assets, energy efficiency analysis, demand side management assessment, and regulatory studies. He has participated in projects pertaining to the complete energy cycle, including power generation, transmission, distribution, demand side management, and energy efficiency, in the United States, Europe, Australia, India, Philippines, Nepal, and Singapore. Mr. Singh is working on the Environmental Protection Agency (EPA) methane to market program for methane capture and utilization from Indian coal mines.

    Prior to joining ICF, Mr. Singh was an electrical engineer in Indian Oil Corporation Ltd., India’s top-rated company among global Fortune 500 companies.

Insight Details

Published: Nov 9, 2010
Authors: ,
Source: Renewable Watch

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