Durable technology must for green energy

The Indian Express , Sunday, June 06, 2010
Correspondent :

Minister for new and renewable energy (MNRE) Farooq Abdullah on Saturday cautioned Corporate India against choosing cheap energy technologies that could jack up their profits in the short term but might not deliver in the long run. He said the Jawaharlal Nehru National Solar Mission (JNNSM) offered opportunities for Indian players to forge technological collaboration with overseas players looking for new markets.

"Do not jump for cheap technology. Technology must be such that it could stand the test of time," Abdullah said while speaking as chief guest at the FE-EVI Green Business Leadership Award ceremony here on Saturday. "We hope that we will have easier transfer of technology," he said, adding that the guidelines for capacity addition under the JNNSM would be announced by June 16.

Although these guidelines had been finalised after consultations with all stakeholders, the government would take cognisance in case any shortcomings were pointed out, he added.

Under JNNSM, India plans to add 20,000-mw grid-connected solar power generation capacity by 2022. The bulk of this capacity will be solar thermal. While India is a big exporter of photovoltaic solar equipment, it will need to import solar thermal technology, at least in the initial phase.

Speaking on the occasion, guest of honour RK Pachauri, director-general of The Energy and Resources Institute (Teri), and chairman of the Inter-governmental Panel on Climate Change, expressed satisfaction that renewable energy projects were a key component of the recovery packages prepared by countries like the US and China in the wake of the global economic recession.

The first ever FE-EVI Green Business Leadership Awards, distributed by Abdullah on the World Environment Day, felicitated 27 companies at a glittering ceremony attended by who's who of the policymakers and industry in the Capital.

The event was organised jointly by The Financial Express and Emergent Ventures India, a climate change and sustainable development advisory firm, along with knowledge partner Indian School of Business, Hyderabad.

 
SOURCE : http://www.indianexpress.com/news/durable-technology-must-for-green-energy/630007/
 


Back to pevious page



The NetworkAbout Us  |  Our Partners  |  Concepts   
Resources :  Databases  |  Publications  |  Media Guide  |  Suggested Links
Happenings :  News  |  Events  |  Opinion Polls  |  Case Studies
Contact :  Guest Book  |  FAQs |  Email Us