National Solar Mission

In the energy sector, the Centre has revised cumulative targets under National Solar Mission from 20,000 MW by 2021-22 to 1,00,000 MW- a quantum jump.

    If the goals set for the solar energy are realised, the country will surpass Germany which is a global leader in solar power generation by producing three times higher energy from the source. Though technology is getting cheaper , experts feel that the sector might be a game changer so the government should revisit its policy of financing of projects. They feel that at present India Renewable Energy (RE)  projects are financed for 10-12 years with an annual interest rate of 12-13 per cent while in Europe and US, the projects are funded for 17-18 years with an interest rate of 4-5 per cent.


    Mr Modi, in a recent review, directed tough action against power pilferage which make the energy sector economically weak. Extra steps are being taken to ensure 100 per cent electrification within a stipulated period besides ensuring adequate power generation in both thermal and hydel plants.The country’s footprints in foreign countries were noticeable.The Prime Minister brought a rare energy to India’s  foreign policy, infusing it with a dash of colour and his own personal  warmth in ties with world leaders even as he has kept up a frenetic pace  in his diplomatic engagement-visiting more than 20 countries.His distinctive style was evident from the day he took over in May 2014.


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