Many companies come up with innovative use of power source like solar power,wind energy,heat energy that are lasting ,but they often lack funds halting their further advancements.
Yes, i strongly in the side of the way of funding for renewable energy project by Govt. The Govt. should provide all the facility to this type of project. The Govt. is having CERC which is controlling the National Gred for power. The Govt is having agency NTPC which is having sufficient fund. The project of renewable energy may be implimented through NTPC or State utilities.
We can only rely on the government to create white elephants out of every project they undertake.Anyways so called renewable energy 2-3 times costlier than conventional sources at its best.Moreover the technology is very unreliable giving rise to maintenance problems.
Yes, The Government should fund as well as control renewabke energy projects. Fund because such projects are capital intensive and not economically viable at todays level of technology and costs. Government should fund such projects of private if it cannot start and run on its own since Government is considered inefficient in general because of several reasons and Private should be encoraged therefore by providing incentives and subsidies to the private since private has always a motive of profit and can not be expected to do charity.
However The Government shoud control the establishment and operation of such projects in the interest of mankind, so that the private will not become greedy and start bleeding the society to make money for itself.
Yes you are absolutely correct Mr.Ravindra Sharma. The Government should fund the renewable energy projects so as to enable the participation between the Private sector and the Government. This will ensure to get the things done at speed and avoid other objections from certain areas interested. It is mutual benefit for both.
Isnt it in the interest of the government that by funding such entrepreneurs they are also benefitting in a big way?? It is in fact the IDC's or the SSIDC's that should step in and encourage such players to begin their projects.
Since their concept will be new and would also require huge initial investment, i strongly support that government should provide them with fund and also some tax benifits.
Worldwide renweable energy projets are subsidized by the Government and added the Government takes the initiative to but the excesssive unutilized power from consumers, the Indian Govt needs to take such measures to enable Entrepreneurs to invest in this area
Yes, The Govt owes to the people a clean earth.It is the responsibility of the Govt to ensure that renewable energy is utilized to the maximum. Funding renewable energy by Govt is a way and means of ensuring a clean earth is left for our children by us. Govt is having already agency to fund renewable energy and ensure that the fund is used for that purpose only.
Hello sir for the kind information the Initial cost of renewable sources may be higher, but the running cost is very much lesser than conventional sources. We have to admit that the efficiency of the conventional sources r day 2 day decreasing
Today or tomorrow, (say within 5 years) it will be an absolute requirement to have solar energy (other source of renewable energy is still far off in India) for all illumination purposes, be it street light, homes (CFL), offices of all factories/indusries etc. How long fossil fuel will be available. More over think of global warming and so on. Hence it has to be the responsibility of the Govt.
I would augment further this ideas that the subsidized or free solar panel installed at every house when utilized in full and properly further, should be encouraged by monetary compensation for the energy consumed from grid or gas and even petrol
i do believe that government should provide fund for energy generation from renewable source because as in the present scenario the prices of coal are increased by 11% and because of that the prices per unit of power in increasing even increased in some state. if we discuss in respect of future aspect, coal quality in India is decreasing and hence large amount of coal is used which will effect the environment with the large emission of CO2
I agree. It is the prime duty of the local and Central Government to encourage private enterprisers by finance, conferance,and all other helps to promote new source of energy.Also Govt. officials should get educated in such activities.
Govt. also should penalise the companies who are wasting energy and should check by proper mandatory Audits of Energy, wasting heats in tail gases through Chimney.
It may be noted that heat escaping through tail gases i.e. Exit gases causing direct heating of atmosphere as well as the energy which could have been generated from waste heats might reduce the demand of energy on running power plants.
yes, government should fund the renewable energy projects. our country mainly depends upon thermal,hydel and gas power plants for eneration of power. they are not eco-friendly(not hydel)and also would last for only another century. government not onl funding the renewable technologies but should also bring new technologies in the field fromthe advanced countries whichare very much ahead in renewable technology like France. we can advance hugely in bio-gas plants and tidal energys along with solar energy as ours is a tropicalcountry .if government funds them then we can generate surplus amount of power without degrading nature
When government feels renewable energy projects will give good returns and better environment, they can straight away invest in renewable projects instead going for conventional energy projects. The initiative have to come from Government owned companies so that private companies who are now competing with Government companies in conventional energy sector will also move towards non-conventional energy projects.
Culture of Energy Saving is also a good technik.Energy saved is energy gained.
Just consider CFL lamps are available now, which consumes so little and provide so much of light.Earlier even a tube light was consuming 40 W + losses in Chokes.i.e. about more than 50W.Similar way developement of LED lamps will take us on better energy saving.
An efficient machine for any service consumes lesser wattage and provides the task.
Rather look at the Automobiles , which were available in our national market used to give service of 8 to 10Km / Litre of Petrol ( Three decades back). Now cars are giving better mileage.
New ideas shoud be cultivated for a better future.
It is the sole responsibility of government to make provisions for the better future of a country.. Since these projects involve a huge amount of investment which is not in reach of small organisations.
I agree with Mr. Ravishankar. Our Government indeed should invest in power sector. They are renewable, pollution less, eco-friendly and can be of great help at the time of emergencies
Yes government should fund renewable energy projects because they are the future energy resources and they are also eco friendly. they are small scale generating stations and can be installed in less time where the load centers are present and when the raw materials are available like bio gas plants and in case of solar power if the steps are taken to minimize the cost of solar panels and increasing their efficiency with new technologies they are very much effective and more reliable
Government should supply free solar panels to all citizens. This single step can change the complete scnerio. This step will be better than giving subsidy on Petro/Diesel.
Yes, since if we look at necessity of moving towards renewables to prevent ill impacts of global warming, the cost is nothing.
The 2070 scenario minus extensive usage of renewables is leading to near destruction of humanity. That single factor is enough to decide how government has to step in to make cost of solar, wind power plants viable.
Then we have to start planning smart grids to take this small power into our grids. Its a challenge but possible. Imagine each home in India, say in 60% geographical locations, having a solar power unit of about 5 kw. We will need huge planning to accomodate such units in our grid system.
I will be glad to present this to our Planning Commission as a paper of smart grids, hope this idea reaches Mr. Ahluwalia.
It is essential and I would say this will be the duty of GOI to aid and ensure that the ventures started in alternative energy is succeeded, in the interest of country economy, development of rural areas, most importantly for green and clean energy it provides.
I used the word duty of GOI since it has the responsibility to see that the environment is left to next generation people as such or in a improved manner, but not deteriorated further.
GOI should support , but its policy is flawed and quite discouraging Ethanol.
precious six years were wasted making no headway in Ethanol Policy guidelines and support Mechanisms, nor we see any change in the mindset to ensure Sugarcane Ethanol succeed, we learned nothing from Brazilian success. World over most Tropical Countries are giving Incentives excepting India which boasts of Pro Biofuel Policy.
Support or fund? Is the government the most efficient user of resources or can it decide and take position on where technology trends are moving? Even the best of technology companies do fall flat on their face taking bets on the best direction technology will take, to adopt what will succeed in user expectations and market aceptability. and we can have our views......
It becomes very difficult for government to be impartial what with favours and and other inducements from interested parties. So what can be the best way ahead??? Funds are definitely required and government is the biggest money bag, so its natural that we look up to government for such support in the initial refinement of technology so that it becomes cost effective. See the telecom story.
The best could be the routing of funds to multiple technology companies in viability gap-financing of commercial projects as commecial viability is paramount in funding decisions. Government can level the playing field by doing a realistic costing of alternate energy projects in terms of their environmental impact costs and carbon costs. I would feel that a distributed model of energy generation as per demand is the best option using solar energy especially for rural/outlying/difficult areas as we can never be able to meet the future energy demand relying on fossil fuels or nuclear energy only(Radioactive Waste disposal is still not a stable safe option found by any country yet). Climatic changes render the big hydel projects that much more unreliable.
I would suggest funding by government through a special purpose vehicle via an independent regulatory body comprising of academia/government and private companies in advisory role. Telecom centres of excellence(TCOE) as set up under DOT could be a good example for structuring such a body.
I strongly support that government should fund the renewable energy projects and the fund may not be only in the form of financing but also the adminstrative and statutory barriers should be removed. The renewable energy projects should be seen as the localised development and in today's senario this is a must for overall development for country's progress. We need to stop the migration from rural areas to the urban areas and by funding these renewable energy proejcts, more opportunites will be created at the rural level. I agree the technology on power generation from renewable sources is in introduction stage and I am sure that this will grow and matrure in times to come. For proper growth and maturity the usage is a must and for this continuity the government fund is essential.
Definitely government should fund these kind of projects as they will help in solving the problem of energy in our country and also it will benefit the environment too.
Yes, the government should fund the renewable energy project,We are in great need of cheap and environmentle friendly power. But the government should fund to the result oriented project and not the projects that starts build up infrasturacture but could not gave result means output and funds are vested. So govt should fund to projects only after successful commissing and having output as per project to any one say private company, person, society etc
I strongly feel Government must support whole-heartedly and it is only from such support that bright Scientific / Technology Minds can put their ideas to work / implement ...
Gone are the days, when Goerge Westinghouse, Thomas Alva Edison and the likes can fund their own inventions / researches and incidently, I had been trying to get such support for my idea for using Hydrogen as fuel for combustion with modification in the combustion engine and private support is very much non-existent and it is here that Government bodies can support bright ideas;
Also, I know about a fellow engineer who had beautiful ideas in this field and who died recently frustrated because of lack of private or Govt support ... !
I feel that there is a urgent need to support these projects infact the government as well as the people should start thinking in tapping the potential of the renewable sources. By
Souvik Karmakar, Sales/BD Manager, Reliance Retail
| 10 30 2008 12:49:04 +0000
Yes i strongly agree that these kind of projects are not encouraged by the government and i suggest that a government body should be formed which looks after these innovations. By
Inajeet Deep, Sales/BD Manager, Tata Power
| 10 30 2008 12:45:15 +0000
In the better interest and bright future of us all, I think the government authorities should stay away from funding the renewable anergy projects. Yes, many a companies have brillant and innovative ideas, and lack of funds too but there would be many processes to follow before the government could jump in. No sooner it does so, there would be committees to see the progress, audit the accounts and so on. Looking at the pace and face that ourt government works on, STAY AWAY should be the verdict.
I think NGOs should take this task not the government. Government should only promote its use since it won't be easy to make people leave their old habit of using non-renewable energy sources also the renewable enargy will be more costlier than the non-renewable ones which won't be eligible for Indian population to afford frequently. Thats why I don't think there is no need of spending on renewable energy by the government...
The government is already supporting the Renewable Energy projects, the government gives all the required assistance.
But i do not think that the government should fund the projects, as Mr. Anurangshu rightly pointed out that these options are very costly. The government must do a lot in creating awareness.
The government is already offering lot of tax soaps for such projects, also there are other options like availing carbon credits, to make profits..
The experiment of providing subsidies on solar appliances and promoting companies with Government support through Energy Development Agencies has not seen success. It has proved that, financial subsidy is not effective in selling a concept.
In stead, the non-conventional energy sources use should be promoted by better educating people and increasing awareness among people about non-conventional energy vis-a-vis fossil fuels. But it's manufacturing, marketing may be purely kept as a commercial activiy as any other business. When people will be aware, they will spend for it. And when they will buy with their hard earned mony, they will also use them religiously.
India is a country where the people are rich and the government is poor unlike other developed countries where it is the other way round. So, more than the government, individuals and private sectors should take the initiative to support these kind of projects.
I dont think that the goverment should support implementation of renewable energy implementation. However goverment should support only the development of the technology.
In any case even for development, any individual also can do it even with limited resources. I am working on the low power / alternative energy projects since last 3-4 years and made some successful devices. This all is being done with limited expense. So there should be a will to move on rather waiting for the goverment to do something.
Suppose if government funds the project what is the guarantee that they are going to make its optimum usage and deliver the right product.I personally feel It is simply a expense in the govt treasury. By
Anil Behl, Trading Advisor, Lehman Bros Holdings
| 10 30 2008 12:53:03 +0000
I think there is no need to fund these projects because they are not cost effective and not reliable to rely on. I believe the advancement in technology is creating ripples in nature. By
Arijit Sarkar, Investment Advisor, Deutsche Bank
| 10 30 2008 12:47:22 +0000
S olar energy is the most readily available source of energy. It does not belong to anybody and is, therefore, free. It is also the most important of the non-conventional sources of energy because it is non-polluting and, therefore, helps in...
No energy source is perfect, but nuclear energy and wind energy comes close when it comes to cost savings. So out of the two which one you think is the best and why?
