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Renewables

Focused on clean energy, Tata Power keeps its face to the sunshine. Low tariff can cloud its view.

The company is looking to raise its market share in green energy to 60% by 2025 from 25% at present. It is gaining prominence in solar rooftop and pumps, and will gradually close down thermal-power plants as they age. The company, which has an INR44,000 crore debt, plans to reduce it to INR25,000 crore this financial year.
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3 Sep 2020 6 Mins Read 0 comment
An awareness van of rooftop solar power flagged-off by Tata Solar Power from GREDA office in Ranchi on June 13, 2019. BCCL
An awareness van of rooftop solar power flagged-off by Tata Solar Power from GREDA office in Ranchi on June 13, 2019.
With a huge land mass, 300 sunny days a year, over a dozen perennial rivers, and a coastline spanning over 7,500km, India has all it takes to become a renewable-energy superpower. The country has started the journey to book its place as the world leader in solar power in the next decade. Renewable energy accounts for 26% of the world’s
compared to coal. This will eventually tilt the balance in renewable energy’s favour when developing nations like India expand their power grids. While Tata Power wants to see itself as one of the top two energy companies in the country, de-leveraging the balance sheet to release capital for growth is the way forward. ( Graphics by Sadhana Saxena)
With a huge land mass, 300 sunny days a year, over a dozen perennial rivers, and a coastline spanning over 7,500km, India has all it takes to become a renewable-energy superpower. The country has started the journey to book its place as the world leader in solar power in the next decade. Renewable energy accounts for 26% of the world’s compared to coal. This will eventually tilt the balance in renewable energy’s favour when developing nations like India expand their power grids. While Tata Power wants to see itself as one of the top two energy companies in the country, de-leveraging the balance sheet to release capital for growth is the way forward. ( Graphics by Sadhana Saxena)

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Message from Planet Labs’ eye in the sky: India is a medieval knight in the age of modern warfare

Satellite pictures of the Galwan valley region shared by US-based Planet Labs exposed China backtracking on the agreement with India to disengage. While the images did help India foster its case in shaping global opinion, it also exposes the country’s unpreparedness in advanced technologies. The episode underlines the urgent need to nurture companies in satellite imaging and space technology.

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