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PM’s roundtable on renewable energy

Published By : Admin | September 27, 2015 | 19:53 IST
PM Modi chairs roundtable meeting on renewable energy, with top energy CEOs and experts
India has the makings of becoming the clean energy world capital
India targets to make 175 Gigawatts of renewable energy
PM Modi gives overview of initiatives already undertaken in the area of renewable energy
PM Modi expresses coal gasification as an important area of research

The Prime Minister, Shri Narendra Modi, today chaired a roundtable meeting on renewable energy, with top energy CEOs and experts, in San Jose.

Dr. Ernest Moniz, Secretary of Energy, United States; and Prof. Steven Chu, former US Secretary of Energy were present at the roundtable meeting.

Top energy CEOs and investors, including Ahmad Chatila, CEO SunEdison; Nikesh Arora, President and COO, Softbank; K.R. Sridhar, CEO, Bloom Energy; Jonathan Wolfson, CEO, Solazyme; John Doerr, Venture Capitalist; and Ira Ehrenpreis of DBL partners were present.

Prof Arun Majumdar, Prof Roger Noll, Dr. Anjani Kochar, and Prof. Sally Benson, all from Stanford University, participated.

Among the views expressed at the roundtable, was a clear assertion that India has the makings of becoming the “clean energy world capital.”

The participants said that clean and renewable energy will soon be an inexpensive energy option, with electricity storage becoming cheaper. Participants were of the view that States and Cities in India should be allowed to take the lead in clean energy initiatives. A related thought was that the current grid is not designed for carrying the 175 GigaWatts (GW) of renewable energy that India is targeting, and therefore a complimentary effort is required on the grid side. Private investment was emphasized as vital for realizing the vision of 175 GW, with a parallel example being given of how Israel had solved its water shortage using private investment.

Experts were of the view that India has to address issues in four key areas – viz. technology integration; finance; regulatory frameworks; and the right talent pool. They also expressed concern at the financial status of power distribution companies (Discoms) in India.

The CEOs present gave a brief overview of the technologies and innovations being used in their companies. In addition to solar and wind energy, biomass was also suggested as a key provider of clean energy.

The Prime Minister thanked the participants for their views, and emphasized India’s commitment to realize the vision of 175 GigaWatts of clean energy. He said there is massive scope of investment in the sector, for example, through the Railways, where 100 percent FDI has been allowed. He said the Government is working to address issues in regulation, and address the financial health of Discoms.

The Prime Minister also gave an overview of initiatives already undertaken in the area of renewable energy, such as Kochi Airport becoming a solar-powered airport, and solar panels being installed over a canal in Gujarat. He said that early next month, a district court in the tribal belt of Jharkhand will become entirely solar-powered. The Prime Minister also mentioned coal gasification as an important area of research. He expressed confidence of a renewable energy revolution over the next decade.

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Addressing party karyakartas and supporters, PM Modi said, “As a BJP karyakarta myself, I know that only BJP workers can gather in such large numbers, in such an organized manner, this early in the morning. I am deeply grateful to all of you for coming here in such huge numbers.”

Recalling the historic significance of May 10, PM Modi said the day marked the beginning of the First War of Independence in 1857, which later transformed into a nationwide movement against colonial rule.

The PM said that inspired by this spirit, the nation had recently marked the first anniversary of Operation Sindoor. He also informed the gathering that he would be visiting Somnath in Gujarat tomorrow to participate in the celebrations marking 75 years of the reconstruction of the Somnath Temple.

Calling Karnataka a major pillar of BJP’s southern expansion, PM Modi highlighted the NDA’s electoral successes in multiple states and Union Territories. “Puducherry has voted for an NDA government for the second consecutive time, Assam has chosen NDA for the third straight term, BJP has received historic blessings in Bengal, and in Gujarat, BJP has broken all previous records in panchayat and civic polls,” he added.

“These results carry a very strong message, in a world surrounded by instability, the people of India are giving the mantra of stability. The people are saying they want speed, not scams; solutions, not excuses; and politics driven by national interest,” he said.

“When BJP was not as big a party as it is today, Karnataka gave BJP tremendous strength. Today, NDA is in power in Andhra Pradesh, BJP is number one in Karnataka in terms of Lok Sabha representation, BJP is the second-largest force in Telangana, NDA has formed government again in Puducherry and BJP has also opened its account in Tamil Nadu,” he said. Referring to Kerala, the PM expressed confidence about the BJP-NDA’s future prospects in the state.

“There was a time when BJP had only three MLAs in Bengal and today we have a government there with over 200 MLAs. In Kerala too, we have moved from one to three MLAs. The day is not far when BJP-NDA will cross the majority mark there as well,” he remarked.

Launching a sharp attack on the Congress party, PM Modi contrasted BJP’s ‘pro-incumbency’ with what he termed Congress’ growing anti-incumbency. “We have been in power at the Centre for 12 years and BJP-NDA governments are serving in more than 21 states. People repeatedly bring BJP governments back because they trust our governance and development agenda,” he said.

The Prime Minister alleged that Congress governments fail to retain public confidence because of poor governance and internal conflicts. “Congress has no chapter on governance in its political book. In Karnataka, instead of solving people’s problems, the government spends most of its time resolving internal fights. In Himachal Pradesh, government employees are struggling to receive salaries and in Telangana, farmers are being pushed towards distress,” he said.

Accusing Congress of betraying women on the issue of women’s reservation, PM Modi iterated, “For decades, Congress misled the women of this country. BJP ended that politics and enacted the law for 33 percent reservation for women. But Congress remains the biggest anti-women party and opposed the Nari Shakti Vandan legislation.”

He asserted that women in Karnataka and across the country would never forgive Congress for obstructing greater political participation of women.

Referring to Tamil Nadu politics, the PM said Congress had repeatedly depended on its allies for survival but later turned against them for political gains. “Look at Tamil Nadu. For nearly 25-30 years, Congress had a close relationship with the DMK. Time and again, the alliance with DMK rescued Congress from political crises and strengthened it at the Centre. But a power-hungry Congress stabbed DMK in the back at the first available opportunity,” he said.

“The world is facing multiple crises today. The continuing instability in West Asia has impacted the entire world, and India too is affected. At such a time, we must strengthen our sense of restraint and responsibility. We must make every effort to reduce unnecessary expenditure of foreign exchange and protect national resources,” PM Modi said.

Drawing parallels with the collective response during the COVID-19 pandemic, PM Modi called upon citizens to stand united once again in the national interest.