Business Standard
Sunday, Nov 08, 2009
 
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Smart Portfolios II
  Search:

National Solar Mission on the anvil, says Farooq
Press Trust of India / New Delhi July 10, 2009, 13:00 IST

Amidst shortage of conventional energy sources, the government today said it will soon announce a National Solar Mission to electrify rural areas.

 
 
Related Stories
News Now
-Railroaded
-Haryana grew by 11% during 2005-2008, highest among states
-Govt to amend laws to strengthen RTI Act
-Pak response to extradition treaty with India not positive
-Govt taking action on Varun's security: Chidambaram
-Sugar consumption seen up by 7.14% in 2008-09 season

"Many villages are still without power. They can be electrified either through solar or wind energy. Today solar power is very expensive costing Rs 15 per unit and we are making all efforts to bring it down," Minister of New and Renewable Energy Farooq Abdullah said in the Lok Sabha.

With regard to Ladakh and Kargil areas, the minister said that a lot of work has been done to look at various options including geo-thermal, wind and solar energy.

"We are trying to harness hydro and solar power in these areas which is better suited than other sources of energy," he said during the Question Hour.

Abdullah said he would meet all Chief Ministers to ensure that solar energy is tapped in each state and incentives are given for the purpose. On the part of the Centre, tax sops are available for fixing solar panels, he said.

The minister said solar panels are expensive as silicon is used in it but a research in California has come out with a solar panel without silicon and that may reduce the cost.

But even otherwise, he said, the Centre was giving various concessions and the UPA government wanted to see more villages using solar or wind energy.

Abdullah said since the solar power is available only during the day time, efforts are on to find out ways on how to store it for usage during night.

"We want to see how electricity can be given when there is no sun. We hope of a major breakthrough in this," he said.

Not only storage, the government is working on how to provide uninterrupted flow of electricity, he said.

"The government is promoting development of renewable energy sector through a mix of fiscal and financial incentives that include capital/interest subsidy, accelerated depreciation, nil/concessional excise and customs duties," the minister said.

He also said preferential tariff for grid interactive renewable power is being given in many states.

The government has set a target of about 20 MW and 50 MW for the generation of power from solar energy in the 10th and 11th five year plan periods, he added.

  Read Business news in 
  Your dream home can now be a reality.
  Visit Fortis for a preventive health check-up & get a 20% discount.
  Follow the ups and downs of your investments. Try our new Portfolio Tracker
  Kolkata Dock \ Freight contract for the British Gurkhas Nepal
  Find how Midsize Businesses use ERP to gain competitive advantage
  Trading in Forex is now as easy as 1-2-3
  Discover an economical and cost effective way to market your products and services
  Giftwithlove.com: Same day delivery of Flowers and Cakes to India
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
Most Popular
Read
E-Mailed
Commented
   
- Vendors to share BSNL's 3G ad spend
- Great Indian telecom boom begins to ring hollow
- DTH sparks new row between producers and multiplexes
- Profit booking seen next week
- Now, shell out Rs 80,000 more for a designer Nano
 
 More  
BS Poll
Cast Your Vote
 
   
 
Should the private sector be allowed to manage urban water supply?
  Yes  No
Submit

  Hot Searches  
 
Amitabh Bachchan | N Chandrasekaran | Swine Flu | Mukesh Ambani | Anil Ambani | TCS | Infosys |  Air India |  Duronto |  Pranab Mukherjee | Sonia Gandhi | Congress | Rahul Gandhi |  Bigg Boss |  New Pension Scheme |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Ramalinga Raju |  Satyam |  Reliance  |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  |  B-School | DLF  Sensex |  Tax calculator | Home Loan  | Bollywood | Personal Finance |  inflation | oil prices |  World Bank | Reliance Infratel |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us | Feedback