This is not a new news....but still promising !
India’s new government promised in 2014-15 to generate enough solar power so that every home can power atleast one light bulb by 2019, a Bharatiya Janata Party official told Bloomberg.
Some 400 millionIndians lack electricity, and the new government led by Narendra Modi haspromised to fulfill a broken promise by former Prime Minister Manmohan Singh.Modi’s government has promised to promote more green energy development whilecutting imports of coal, oil and gas.
“We look upon solar ashaving the potential to completely transform the way we look at the energyspace,” said Narendra Taneja, energy convener for Modi’s party.
Modi’s party sweptinto power last week in the biggest electoral landslide in three decades,reports Bloomberg. The government’s new plan to power a light bulb in everyhome using the sun will be implemented over five years and will be a federaland state-level effort.
Singh’s government wasalready planning a $11.7 billion effort to increase the country’s solarcapacity six-fold by 2017. The country is looking to capitalize on fallingsolar panel costs to meet their rapidly growing power demand.
But there arepractical constraints that make it difficult for India to push solar and eschewcoal, oil and natural gas. For one, the country has just made it more expensiveto power the country with solar panels because it has slapped huge tariffs onimported panels from China, the U.S. and other areas.
Indiais also already struggling to meet its rapidly growing energy demand.Corruption, state-control and over regulation have stifled the Indian energysector and prevented hundreds of millions of people from gaining access toelectricity.