Green Tilt in Energy Balance

The Economic Times
Apr 3, 2008

The Investment Commission, comprising high-profile members Ratan Tata, Deepak Parekh and Ashok Ganguly was set up in the ministry of finance in December 2004 for an initial period of three years. The focus of the commission is to enhance and facilitate investment in India. The commission makes recommendations to the government on policies and procedures to promote India as an investment destination. The commission is in favour of allowing private sector investment in nuclear power with "appropriate safeguards", once the Civil Nuclear Agreement with the US is concluded…Stressing on the need to focus on green fuels and renewables, the commission draws attention of the government to the neighbour’s energy security policy. China plans an eight-fold increase in its nuclear portfolio by 2020 at 40 gigawatt electric (GWe). By then, it would have total electricity generation capacity of 1,000 GWe.

---

Continue reading the full story.