100% fdi in renewables: farooq abdullah | india news - times of india - solar street lighting system

New Delhi: The government has allowed 100% foreign direct investment (
Foreign direct investment
Farooq Abdullah, Minister of New and Renewable Energy, told Rajya Sabha on Monday that in the renewable energy sector, a favorable policy has been put in place to attract foreign companies. ‘‘(Policy)
He said that a structure has been established to promote electricity transactions, open access, etc.
The government approved a generation.
Provide foreign investors who are unable to take advantage of the accelerated depreciation benefits available to domestic investors with a base incentive plan in wind power projects.
Abdullah says more than 2 million of solar energy
According to the solar program, run appliances have been distributed or installed throughout the country. ‘‘About 7.
Lakh solar lanterns 7, 5.
1 lakh solar home lighting system, 82,500 solar street light system, 7,247 solar water pumping system, independent and power grid-
Connected power plants and 6.
He said that as of November 30, 57 lakh solar cookers had been distributed or installed nationwide.
He added that due to the initial high cost of the solar system, the solar system is not commercially viable and his department is providing various financial and financial incentives to promote the systems.
Q: Is global warming and the Copenhagen summit exaggerated?
QnA: how can the government let Indians know about India's alarming levels of pollution and help curb it?
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