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Investors help sought for India’s solar initiative

Fiinews by Fiinews
April 27, 2016
in Investment, Projects
Reading Time: 1 min read
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Investors, as stakeholders, must help implement a successful solar initiative in India, said Piyush Goyal, Minister of State (Independent Charge) of Power, Coal, New and Renewable Energy.

“India has launched this initiative as an obligation towards the larger humanity as an article of faith,” he said while addressing the Roundtable on “International Solar Alliance (ISA) – the Trillion Dollar Opportunity”.

Calling on stakeholders beyond governments to make this initiative a success, he said this was not being dictated by external exigencies in India.

“This is about improving the quality of life of large number of people who are still grappling with problems of energy and accessibility at affordable prices,” said Goyal.

The international solar alliance is a trillion dollar opportunity to serve humanity and those in the dark, he pointed out.

The roundtable was organised by the Confederation of Indian Industry (CII) and Terrawatt Initiative (TWI) under the aegis of the International Solar Alliance on April 23, 2016, in New York.

The ISA which comprises 121 countries that lie partially or fully between the Tropics of Cancer and Capricorn is intended to create a platform for larger collaboration for technology, research and development and capacity building. fii-news.com

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