Ajay Mathur, one of the key Indian negotiators said that 22 countries took part in the first meeting of the steering committee of the alliance held today and it saw a very large number of concrete suggestions on how to structure the ISA, the idea of which was mooted by Modi.
"The large number of countries which showed huge interest is a matter of great satisfaction not only for us but for the world. The solar alliance will be a very effective means of enhancing the deployment of solar energy in most solar resource rich countries of the world," Mathur who is also the director general of Bureau of Energy Efficiency said.
Modi, who jointly launched the ISA with French President Francois Hollande, had said that India will host this initiative at the premises in its National Institute of Solar Energy and also provide land and contribute approximately USD 30 million to build the Secretariat infrastructure.
India will also support operations for five years and together we will raise long terms funds to achieve our prescribed goals, he said.
He said that Prime Minister Modi had yesterday emphasised that the alliance provides opportunity to meet our energy needs in a environmentally sustained manner.
"There was a meeting of the steering committee today. 22 countries took part in the meeting. A very large number of concrete suggestions on how to structure this alliance were given by countries. On the basis of this, a draft framework of the alliance will be created and discussed at the next meeting at Abu Dhabi," Mathur said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
