G20: Modi calls for global effort for clean energy for all

Image
IANS Brisbane
Last Updated : Nov 16 2014 | 6:20 PM IST

Prime Minister Narendra Modi Sunday strongly called for a global effort to make clean energy available to all through concerted actions.

"Let us make an ambitious and innovative effort to make renewable, especially solar energy, competitive with conventional energy," he said at the G20 Summit here.

"In Gujarat, the canal-top project worked well and saved water, too," he added.

Built at a cost of over $16 million, the 10 MW Narmada canal top solar photovoltaic project will produce 16.2 million units of electricity in the first year into the grid. The power will be used in five pumping generators located along the Saurashtra branch canals for lift schemes.

The Gujarat government recently completed this project to save land and water evaporation. It was listed among the World's top 100 infrastructure projects by international accounting firm KPMG.

Another 1 MW solar power plant is already a successfully operating on another stretch of the Narmada canal.

Seeking a collective R&D effort and collaboration on clean energy, Modi urged the leaders of major economies to set up a "global virtual centre" for clean energy research and development, with adequate public funding for collaborative projects in diverse sources of clean energy, smart grids and energy efficiency.

"In countries like India, there are vast opportunities for those wishing to invest in clean coal technology, since our dependence will not reduce very soon," Modi said.

"G20 can be effective in promoting an integrated natural gas market, ensuring freer trade in gas and ensuring that the markets operate more efficiently," he added.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 16 2014 | 6:16 PM IST

Next Story