Lets see the progress of clean energy "100 GW by 2022" drive in INDIA.

[SR-91]

• SunEdison Commits To 15.2 GW Renewable Energy Capacity Addition In India.. Financing USA

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  • First Solar is making a big plunge into the Indian solar market, committing to 5 GWs of solar PV capacity possibly a manufacturing facility in the country. Financing USA

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  • 750 MW Solar Power Plant In India, Likely To Be Largest Solar Power Plant In World, Gets World Bank Financing Commitment. NPTC limited, now total of 3.2GW committed.
  • Ministry of New and Renewable Energy India, Considers Adding 20 GW Capacity Through Ultra Mega Solar Power Projects.

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  • SJVN Limited Announces 4.2 GW Solar, Wind Energy Park In India.

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  • Reliance Power To Set Up 6 GW Solar Power Capacity In Indian State Of Rajasthan.

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  • Welspun Renewables to set up 11 GW of solar, wind projects.

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  • Hinduja Group intends to build 1 GW of solar plants in India.

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  • Mahindra Group's renewable energy arm aims to set up 1-GW solar projects.

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  • Enrich Energy to Set up 60 MW Solar Power Plant in Telangana.

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  • Adani, Rajasthan govt to set up 10,000 MW solar park.

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  • Shri Upendra Tripathy, Secretary, Ministry New & Renewable Energy informed the meeting that 14 companies from seven countries have their Green Energy Commitments for 58 GW. Similarly, 22 PSUs for 18 GW, 257 private limited companies for 190 GW and the Railways for 5000MW have submitted their commitments for renewable energy. In addition, 27 banks have also submitted their commitments for financing 72 GW renewable energy projects. Shri Dipak Dasgupta, Board Member Green Climate Fund was also present in the valedictory session.
  • India’s Largest Bank Commits $12.5 Billion For Renewable Energy Funding.

Just between these companies we already have a commitment of about 80 GW.

 

[ptltejas]

this is sum of yrly based production and we need exactly figure for megawatt per hr (megawatt/hr); that gives the right picture though the picture is very good as per the thread details.

 

[Supply&Demand]

whats the use? how r they going to do ll these when govt cannot even get new land!

 

[dray]

Good progress.

 

[zip]

And land acquisition bill is opposed by all opposition plus anna which is one of basic ingredient for such kind of developmental works ..

 

[SR-91]

whats the use? how r they going to do ll these when govt cannot even get new land!

Modi will get it done.
Its not like they are just taking land away, landlords are getting paid handsomely. My aunts milkman use to deliver milk on a bicycle and now he comes in Scorpio. He told them the govt took their land away in Himachal pradesh and he was paid 4 Crore.

Farmers are very emotional when it comes to their lands, after these land deals, they will live life very well.

 

[Abingdonboy]

Modi will get it done.
Its not like they are just taking land away, landlords are getting paid handsomely. My aunts milkman use to deliver milk on a bicycle and now he comes in Scorpio. He told them the govt took their land away in Himachal pradesh and he was paid 4 Crore.

Farmers are very emotional when it comes to their lands, after these land deals, they will live life very well.

Exactly! I saw a piece the BBC did about the BIC and these farmers now were living in large houses and driving flashy vehicles after selling their land for a very handsome amount.

Anyway, Modi isn't the kind of guy to back down from a fight, I have confidence he'll get his way one way or another. From what I hear he fought his way up the ranks in Gujarat and even once he was CM he continued doing so until everything was how he wanted it.

Perhaps @IndoCarib can provide more info on Modi's modus operandi.

 

[Arya Desa]

Modi will get it done.
Its not like they are just taking land away, landlords are getting paid handsomely. My aunts milkman use to deliver milk on a bicycle and now he comes in Scorpio. He told them the govt took their land away in Himachal pradesh and he was paid 4 Crore.

Farmers are very emotional when it comes to their lands, after these land deals, they will live life very well.

40,000,000 INR to CAD= ~$800,000, not bad for a man making less than $10/day.

With that 4 crore he could put it in the bank and with a simple term deposit earn 8.50% fixed for a year which comes out to ~3400000 INR or $70,000 CAD, higher than an average Canadian salary. Even if 1/2 of this is taken away by taxes, it would still be a very handsome amount for someone living in India. Your massi's milkman doesn't even need to work and he should be more careful with his money.

 

[IndoCarib]

Exactly! I saw a piece the BBC did about the BIC and these farmers now were living in large houses and driving flashy vehicles after selling their land for a very handsome amount.

Anyway, Modi isn't the kind of guy to back down from a fight, I have confidence he'll get his way one way or another. From what I hear he fought his way up the ranks in Gujarat and even once he was CM he continued doing so until everything was how he wanted it.

Perhaps @IndoCarib can provide more info on Modi's modus operandi.

Modi has put his foot and said he will not change the ordinance from its present form. I dont think he will give in.

Meanwhile Anand Sharma's hypocricy on the land bill is exposed

"Insistence of consent of 80% affected families will seriously delay land acquisition...And in many cases halt essential infrastructure projects," Mr Sharma wrote in the letter dated May 25, 2012.
Attacking his own government's land bill, Mr Sharma had voiced "serious concerns raised by industry." He said the restrictions would have "adverse long term implications" for manufacturing and industrialization and would make land prices high and acquisition impossible.

A 2012 Letter is Proof of Anand Sharma's 'Double Standards' on Land Bill, Says BJP

 

[Abingdonboy]

40,000,000 INR to CAD= ~$800,000, not bad for a man making less than $10/day.

With that 4 crore he could put it in the bank and with a simple term deposit earn 8.50% fixed for a year which comes out to ~3400000 INR or $70,000 CAD, higher than an average Canadian salary. Even if 1/2 of this is taken away by taxes, it would still be a very handsome amount for someone living in India. Your massi's milkman doesn't even need to work and he should be more careful with his money.

8.50% savings rate? That's quite a luxury in this day and age....

 

[SR-91]

8.50% savings rate? That's quite a luxury in this day and age....

I think 8.5% in average in India, have a look at some of these mutual funds

Mutual Funds India: Mutual Funds Investment, Best Funds to Buy, Mutual Fund Performance, NAVs, Mutual Fund Calculator, Complete Guide to Mutual Funds, Mutual Funds/MF News

 

[Arya Desa]

8.50% savings rate? That's quite a luxury in this day and age....

It's the standard for a 1 year fixed deposit, yea I know that's crazy. Here in Canada a GIC is <1%. In fact when some are 0.01%.

 

[SR-91]

It's the standard for a 1 year fixed deposit, yea I know that's crazy. Here in Canada a GIC is <1%. In fact when some are 0.01%.

Same here in the US.
Its the developing nations need more cash deposits in FD's or CD's so they can use this money to fund Loans / projects. Banks will take ur money and give it to someone else and make 2-3 times more money. So its a win-win situation for everyone.

 

[SR-91]

40,000,000 INR to CAD= ~$800,000, not bad for a man making less than $10/day.

With that 4 crore he could put it in the bank and with a simple term deposit earn 8.50% fixed for a year which comes out to ~3400000 INR or $70,000 CAD, higher than an average Canadian salary. Even if 1/2 of this is taken away by taxes, it would still be a very handsome amount for someone living in India. Your massi's milkman doesn't even need to work and he should be more careful with his money.

IMO, its tax free. So, going by Indian standards, its a lot money.

 

[Echo_419]

Modi has put his foot and said he will not change the ordinance from its present form. I dont think he will give in.

Meanwhile Anand Sharma's hypocricy on the land bill is exposed

View attachment 196824


"Insistence of consent of 80% affected families will seriously delay land acquisition...And in many cases halt essential infrastructure projects," Mr Sharma wrote in the letter dated May 25, 2012.
Attacking his own government's land bill, Mr Sharma had voiced "serious concerns raised by industry." He said the restrictions would have "adverse long term implications" for manufacturing and industrialization and would make land prices high and acquisition impossible.

A 2012 Letter is Proof of Anand Sharma's 'Double Standards' on Land Bill, Says BJP

Looks like the Opposition will have to suck it up

8.50% savings rate? That's quite a luxury in this day and age....

It's like a gold mine out here just put a large sum in the Bank & you will never have to work again