Renewable energy for rural areas

Indian Merchants Chamber organises two-day conference

geetanjali

Geetanjali Minhas | January 20, 2012



As over 40 percent of the country’s population does not have access to energy, availability of power is a major limiting factor for growth of rural India. Its annual energy demand is expected to grow at an average rate of 7.4 percent in the next 25 years. To keep pace with demand, power generation capacity too will have to increase fivefold. Unless new measures of electricity generation and operational efficiency in its distribution and management are undertaken, the gap between demand and supply will increase.

The scarcity and price distortions of non-renewable sources of energy such as coal and petroleum have diverted the attention to the development of technology that can work on renewable sources of energy such as wind and water. Especially when compared to conventional fuels like kerosene which is widely used by the poor, distributed renewable power is expected to provide quality energy access to every individual in the country at an affordable price.

Even as non-renewable energy sources are depleting, focus now has shifted to alternative sources of power generation. A two-day conference, RuDiCON 2012, (the acronym stands for ‘rural energy security through distributed clean power generation’) was organized by the Indian Merchants Chamber in Mumbai. Its vision statement was: “To make Maharashtra power surplus in next five years and to electrify 60,000 villages in India.”

“Conventional power has failed to provide energy security it is time to look at other alternatives. Though wind energy has immediate potential for rural electrification in India, the potential of solar energy is unlimited,” said chief guest and former power minister Suresh Prabhu while delivering his keynote address. He also noted that issues of land, environment and natural resources had rendered stagnant many ambitious projects of the government.

“Technological developments in the field of renewable energy which is expensive than conventional power will help reduce the cost of renewable generation as cost of conventional sources of power is expected to rise significantly. Every project of renewable energy, whether grid or off grid, creates clean energy and also helps avoid the use of fossil fuel.”
       
The government has targeted production of 11,000 MW through biomass and 3,800 MW through solar power in the 12th five-year plan beginning April 1, 2012. The ministry for new and renewable energy has projected renewable capacity addition of about 30,500 MW during the 13th five-year plan. To bridge the demand-supply gap, the government has set a target of installing at least 40 GW additional capacity of renewable in the next 10 years.

Comments

 

Other News

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

From one cow to a dairy business

In 2012, Anita Dash wasn`t dreaming of building a dairy brand. She wasn`t studying business models or planning market expansion. Like countless mothers across India, her focus was on something much simpler: giving her children a better future.   At the time, her most valuable

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Skin in the game or masterful market timing?

When a company founder opens their personal chequebook to buy shares in their own business, stock markets usually applaud. To the average retail investor, it feels like the ultimate vote of confidence, a sign that the people running the show have real skin in the game and believe brighter days are ahead.

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter