mukeshthakkar 1885 days ago

I have great regards for Mr. Swaminathan S Anklesaria Aiyar's expertise on economy. But, I differ with his analysis on Solar Power. Initial cost for a Thermal Power plant may be 2/3rd of a solar Plant, but the operating cost of a Solar Plant is substantially lower than Thermal Power Plants. Moreover, initial cost for solar plants is continuously reducing on account of ongoing innovations in this field. Solar Energy will turn out to be the real economic boost for India, which has to depend on imported oil. I would be even more aggressive than Mr. Narendra Modi and opt for 200,000 MW of solar energy by 2022, if I were the decision maker. All these plants can be financed by investors / banks / solar companies without any major burden on Indian government. Moreover, India has no dearth of land. One can use the land which is not good for farming / cultivation and limited access to water / infrastructure.