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.
In a big push for solar fuel, Govinder Singh Pawar has created a semiconductor that can store solar energy more efficiently than any other method we know today.
On 20 September 1946, Hindu Mahasabha leader Syama Prasad Mookerjee delivered a speech in the Bengal Legislative Assembly condemning the violence during the Great Calcutta Killings. Here's an excerpt from the speech.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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