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  1. Home

  2. About BFA

  3. Conferences & Meetings

  4. Press Center

  5. Members & Partners

  6. BFA Academy

  7. Areas of Focus

  8. Regional Cooperation

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Sumant Sinha: Time for Renewables in India
Origin:Boao Forum for Asia      Time:2014-09-09 01:21:53    Views:214093

In the Session on "Clean/Renewable Energy",Sumant Sinha, Founder Chairman & CEO of ReNew Power Ventures, was optimistic about the development of renewable energy usage in India and illustrates the necessity of spreading the utilization of clean energy. He analyzes the two advantages that India has in promoting clean and renewable energy. First, the opportunity cost of construction is still low in India that is very propitious to the conduction of renewable/clean energy bases. Second, the new Indian government is modifying laws to support the development of clean energy. Prime Minister Modi regarded the utilization of clean/renewable energy as the prerequisite for sustainable development in the future, given the huge population base in India.