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Showing posts with label Electricity. Show all posts
Showing posts with label Electricity. Show all posts

Monday, November 23, 2015

Electricity for All through Nuclear Energy



India has a stated goal of raising its nuclear energy capacity to 63,000 MW by 2032 by adding $85 billion worth of reactors.

In July 2014, Modi visited the Bhabha Atomic Research Centre and was full of praise for India's nuclear community. Declaring that nuclear power would be an essential part of India's energy security, he assured the Department of Atomic Energy of his full support in the implementation of their expansion plans. Underlying the importance of nuclear energy in India’s energy basket, Prime Minister Narendra Modi asked scientists from Department of Atomic Energy (DAE) to ensure India’s nuclear power capacity is tripled from present 5,780 MW by fiscal 2024 and within the allocated budget.

France was the first country to sign the civil nuclear deal with India on 30 September, 2008 after the complete waiver provided by the Nuclear Suppliers Group (NSG). This was followed by nine other countries: Russia, Mongolia, Namibia, Argentina, UK, Canada, Kazakhstan and South Korea, apart from the biggest daddy the United States.

India signed agreements with Australia and Canada for the supply of uranium for its safeguarded reactors.

A $350-million Indo-Canadian nuclear agreement has emerged the hallmark achievement of Prime Minister Narendra Modi’s summit with his counterpart. An agreement with the Canadian company Cameco, one of the world's largest uranium producers, was one of the highlights of Prime Minister Narendra Modi's recent three-nation visit to Germany, France, and Canada. Cameco will supply 3,000 tonnes of uranium over six years -- enough to power 1,700 megawatts (MW) of India's 5,780 MW of nuclear-power plants.

Modi's leadership has expedited other nuclear developments, principally the civil liability for nuclear suppliers.

Kazakhstan, a leading uranium producer globally, will supply 5,000 tonnes of uranium to India during 2015-19, its President Nursultan Nazarbayev announced following his talks with Narendra Modi .

India announced conclusion of a civil nuclear deal for buying uranium from Australia to increase conventional fuel supplies to overcome chronic shortages.Prime Minister Narendra Modi met his Australian counterpart Malcolm Turnbull on the sidelines of the G20 Summit in Antalya and announced completion of procedures for India Australia Civil Nuclear Agreement




Ref:
cost_₹ 5'900 Cr Electricity Nuclear

Push for Solar Energy



Prime Minister Narendra Modi announced his ambition to install 100 gigawatts of solar power capacity—over 30 times more than India has now—by 2022. 

 "Solar energy is very vital for India's energy security," the PM tweeted. 

 In this context, he said states should work proactively towards creating conducive policy framework to enable speedy implementation of solar power projects, a PMO statement said. 

 Ahead of the Climate Change Summit in Paris, Prime Minister Narendra Modi said that renewable energy could be a major component in meeting India's power requirement and promised to provide electricity to 18,000 villages in the country in the next 1,000 days.

 The finance minister announced that $83 million (₹500 crore) would be provided for development of four ultra mega solar power projects across the country. The projects, likely to achieve capacities between 2,000 MW and 4,000 MW upon their completion, would be located in Jammu & Kashmir, Gujarat, Rajasthan, and Tamil Nadu.

$67 million (₹400 crore) have been granted for the installation of solar-powered irrigation pump sets and water pumping stations. When farmers switch to solar-powered irrigation pulp sets, millions of units of electricity would potentially be freed for consumption by other groups of consumers. 

 Another $17 million (₹100 crore) was allocated for implementation of the Green Corridor project — a power transmission project dedicated for renewable energy projects. A part of this corpus would also be used for implementation of canal-top solar power projects.

 Railways Ministry has been asked to step up targets for new rail lines and gauge conversion, award 108 new priority projects and aim at 3,000 MW solar power projects at 8,000 railway stations.

 Gujarat is the first state to set up canal-top solar power project in India, Punjab (in north India) was the first state to come up with the concept. Such a project would have had a substantial benefits in Punjab in terms of water conservation as it is an agricultural state.

 Cochin International Airport in Kerala became the world’s first entirely solar-powered airport. The airport’s solar power plant, which is comprised of more than 46,000 solar panels arrayed across 45 acres of land, will produce 12 Mega Watts (48,000 units ) of energy per day. For the financial year 2014-15, Cochin airport is the fourth busiest airport in India in terms of international passenger traffic after Delhi, Mumbai and Chennai  and seventh busiest airport in India carrying 6,814,867 passengers overall.


The Damodar Valley Corporation (DVC), in eastern India, has an even more ambitious plan. The company plans to set up 1,000 MW worth of solar power capacity by covering 2,494 kilometres of the irrigation canals.

 Pashupathy Gopalan, president for the Asia-Pacific region for SunEdison, based in Belmont, California, whose firm has installed about 200 megawatts of solar projects in India over the past five years, came to Modi’s summit with signed agreements to build 10 gigawatts of solar and wind power in the states of Karnataka and Rajasthan by 2020. SunEdison also struck a joint venture with Adani Enterprises to explore building a $4 billion silicon solar plant in Gujarat.
First Solar, which until last year was only a supplier of solar panels to India, pledged to develop five gigawatts of solar projects there by 2020.

 UK-based project developer Lightsource has announced its expansion into the rapidly growing solar power market of India.
Lightsource recently signed an agreement to invest $3 billion to develop 3 GW solar power capacity in India. The agreement was signed during Indian Prime Minister Modi’s visit to the United Kingdom.
Japan's SoftBank Corp together with Sunil Mittal's Bharti Enterprises and Taiwanese mobile handset maker Foxconn will invest $20 billion to generate 20 gigawatt of solar power.
Indian Prime Minister Narendra Modi used the occasion of Sunday’s G20 summit in Antalya, Turkey, to nudge member states to back his Global Solar Alliance – a newly formed organization of the world’s sun-rich nations that Modi believes can transform their energy infrastructures to ones rooted in solar power.

The current installed power generation capacity of the country is 2,49,488 MW of which renewables constitute 31,692 MW, according to an official data.

 Monday 30 November 2015 

India’s prime minister has launched an international solar alliance of over 120 countries with the French president, François Hollande, at the Paris COP21 climate summit.

 Modi described the solar alliance as “the sunrise of new hope, not just for clean energy but for villages and homes still in darkness, for mornings and evening filled with a clear view of the glory of the sun”. Hollande described the project as climate justice in action, mobilising public finance from richer states to help deliver universal energy access.

The UN secretary general, Ban Ki-moon, placed the initiative in the context of the body’s sustainable development goals, particularly a related target, set in 2011, of achieving universal access to sustainable energy by 2030.
The Indian government is investing an initial $30m (£20m) in setting up the alliance’s headquarters in India. The eventual goal is to raise $400m from membership fees, and international agencies. India’s pledge to the Paris summit offered to draw 40% of its electricity from renewables by 2030. The country is projected to be the world’s most populous by then, with 1.45 billion people.

Ref:
cost_₹ 1000 Cr Electricity Solar
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