PM Modi's meeting with Ministry of Power, important instructions given

Marco Green
May 28, 2020

The EIA said 90% of coal is consumed by power plants, with the rest being used by industrial facilities, while renewable energy is "more broadly consumed by every sector in the United States".

The prime minister emphasised on the need to enhance consumer satisfaction, while increasing operational efficiency and improving financial sustainability of the power sector, the statement said.

"India Ratings and Research (Ind-Ra) believes that the bailout package of ₹900 billion would only provide a temporary relief to power distribution companies (discoms)", Ind-Ra said in a statement. Discussing new and renewable energy, PM Modi stressed the need for a holistic approach to the entire supply chain of agriculture, ranging from solar water pumps to decentralized solar cold storage.

The package is built on the existing Solar Homes program, which makes it easier for Victorians to go solar with their energy by providing rebates for solar panels, hot water and battery systems and interest-free loans for solar panels.

Emphasis was also made on ecosystem development for manufacturing of ingots, wafers, cells and modules in India, which would also help generate employment in addition to various other advantages.

Once operational, the five solar power facilities will supply almost 1.2 million megawatt hours of renewable energy to the company's fulfillment networks and Amazon Web Services (AWS) data centers, the statement said, without providing details on when the construction will be completed.

So far, Amazon has unveiled 31 utility-scale wind and solar renewable energy projects and 60 solar rooftops on its fulfilment and sorting centers globally.

Other reports by Click Lancashire

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