Mini grids, which use solar power, have become much cheaper than installing long-distance transmission lines from a central grid, making it more accessible to people who need it.
Launching a 750 MW solar project in Madhya Pradesh through video-conferencing, Modi also said the state will emerge as a major hub for clean and cheap power in India.
Though heat from renewable energy is set to increase by 22% by 2024, renewables will only support 12% of global heat consumption compared to the 10% now.
The plan is part of the NTPC’s aim to build 32 gigawatts of renewable capacity by 2032 and reduce the share of fossil fuels in its energy mix from 96% to 70%.
India has failed to jump-start its solar equipment manufacturing sector through tenders and a safeguard duty to protect it from cheaper Chinese imports.
The shift in policy next door is expected to cause a glut in global supplies and thus a fall in prices. With India's high capital cost and corporate taxes, locally made supplies can't compete.
From Mughal ports to Dutch wars to Bombay’s merchant dynasties, Gujarati Muslims once shaped the Indian Ocean world — long before one of their descendants took New York.
While main elements behind terror module have been nabbed, more arrests will take place, including some professors & academicians who were part of the ring, it is learnt.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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