IT, BPO companies submit a renewables plan

India’s IT and business process outsourcing sector has urged the government to remove the 10% limit on power banking and restrictions on voluntary purchase of electricity, as well as a cut in cross-subsidies, to help the industry and data centre companies increase their consumption of renewable energy.

The request to the Ministry of Power from the country’s $190 billion IT and back-office industry include allowing annual banking of renewable energy without any limit on the quantum of consumption, and green procurement from exchanges within the ambit of renewable purchase obligations, among others.