The economist also spoke of need for a carbon tax at seminar organised by Centre for Social and Economic Progress. BJP ex-general secretary Ram Madhav was in attendance.
The billionaire, who has pledged to invest $70 billion in the green energy supply chain by 2030, said that a more pragmatic transition to green energy may now be conceptualised.
China connected 55 gigawatts of solar power & 48 gigawatts of wind last year. But the country's electricity consumption in 2021 grew at 10% & will increase again by 5-6% this year.
Karnataka could create history this fiscal by trumping Maharashtra, Gujarat & Delhi as India's No. 1 investment destination. It was in 2008-09 that a state last accounted for 45% of total FDI.
Delaying the switch to zero-carbon power isn’t giving developing countries a chance to catch up with richer nations — it’s retarding their development.
An IMF official said India's debt is at a ratio of about 90%, and it is important to signal to investors to that the ratio will decline in the medium term.
The acquisitions are part of a string of deals Ambani has announced as he pledges to invest $10 bn in alternative energy over 3 yrs, putting him squarely in competition with Adani Group.
New research by Queensland university and Princeton faculty involved visits to the Angul district in Odisha in 2018 and 2019, which is home to 11 coal mines.
Officials say NTPC plans to build large renewable energy parks for which it has secured land for 5-gigawatt facility in Gujarat. It will also set up offshore wind power plants.
According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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