Author: Soosai

27 Oct, 2010, 04.10AM IST,ET Bureau NEW DELHI: India expects investments of up to $55 billion in the next five years in the renewable energy sector, which would generate 35,000 MW of power, a top official said. India, one of the leading producers of wind power, is encouraging investment in renewable energy to curb emissions and reduce dependence on oil as the country imports nearly three quarters of the oil it consumes. “There would be investments to the tune of $55 billion by 2015 in the renewable energy sector which…

By Leon Kyae (http://www.triplepundit.com) India has huge economic potential while it exasperates those who fret about climate page. The world’s largest democracy has experienced an impressive economic surge the past decade—some economists even surmise that it will surpass China this century as the world’s largest economy. With that promise comes concern over what an industrialized India means for the world—especially by US politicians who oppose a shift in energy policy of any form. After all, India supposedly is not doing enough to do its part in reducing its greenhouse gas…

Oct 22, 2010NEW DELHI: The government will make it mandatory for mobile phone towers to be powered by solar energy, hoping to cut pollution and tamp down a key driver of diesel consumption in the country. But this would raise construction costs by up to 50% for cellphone operators such as Bharti, Vodafone and Reliance Communications. “We are working on a new scheme that will support adoption of greener practices by telecos while rolling out their services for customers,” secretary with the ministry of new and renewable energy (MNRE), Deepak…