Powering India is a tough renewables act
The bold clean-energy drive demands clear and right policy signals if double-digit growth is to become reality.
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GROWING optimism about the Indian economy has reinforced the case for seamless power flow. And the government hopes to ensure it by turning the country into a surplus producer by early next decade.
That goal is clearly too ambitious. Moreover, unlike developed countries, India must pull off this feat while limiting its carbon footprint. The fuel choice is thus critical as the installed capacity jumps from 260 gigawatts (GW).
Yet, India can hardly ignore its coal riches. The five new mega projects that were announced in the February Budget use coal. Some 1.5 billion tonnes of coal may be burned through 2020. Coal's dominance is partly aided by natural gas production that has fallen short of target. Imports meet a quarter of the gas demand.
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