Cost Of Solar Energy Is Less Than That Of Conventional Energy: Power Minister

Piyush Goyal Makes A Strong Plea For Adopting Solar In Rural Areas

Pune (PIB-GR-TYP-BIN): Mr. Piyush Goyal Minister of State (IC) for Power ,Coal and New & Renewable Energy has said that energy is important part of our ecosystem and the setting up of a multilateral Agency of International Solar Alliance is a demonstration of our concern for issues of climate change.

Speaking at a lecture organized by Mahratta Chamber of Commerce and the Pune International Centre on April 10, he said traditional ethos of conservation makes India a natural country to lead the world efforts in the area of climate change. Arguing that India’s Solar energy generation program as one of the largest in the world, he said the world has tremendous potential to save energy.

Mr. Goyal said he convinced the solar energy producers not to press for anti-dumping measures as that would have done more damage and the country would have been able to target any of its targets in the field of solar generation. Making a strong plea to industries for adopting solar in rural and urban areas in Pune, Mr. Goyal said that the cost of solar is cheaper than conventional energy based on fossil fuels and the tariff remains same for 25 years and it’s based on natural resources over which no external agency has control.

Senior economist Dr. Vijay Kelkar, industrialist Baba Kalyani and members of Pune International Centre were present at the event.

(Source: PIB/GR/TYP/BIN/USPA/WN/IAIJ)