Swaminathan Aiyar recently argued in a column that an accelerated adoption of solar energy by India could bring down some thermal power stations and hurt their financiers, further burden inefficient power distribution companies, and ultimately bankrupt some of the expensive solar plants too.
His prescription: slow down the solar mission, let polluting thermal plants and their financiers gain while other countries sweat, through their faster adoption and innovation, to make solar energy cheaper and more efficient so that countries like India are able to cheaply switch to solar energy in future. Read More…
Credit By: ET Energy World
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