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Lanco refutes allegation of Rs 13k cr scam

-The Times of India   Lanco, the company accused by Delhi-based Centre for Science and Environment (CSE) of illegitimately cornering contracts worth Rs 13,000 crore under the Jawaharlal Nehru National Solar Mission, has objected to the allegations and said "they were not crosschecked with the company and were wrongly perceived".  In a statement made to TOI, A Narasimhan, senior vice-president (corporate communications), said, "Lanco Group has equity participation in few of the companies...

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Scam stink in solar mission

-The Telegraph     A non-government environmental agency claimed today that it has uncovered a scam in the solar power mission where, it said, a private firm has used front companies to circumvent government rules for solar power projects. The Centre for Science and Environment (CSE) said its three-month-long investigation suggested that the company had used unfair practices to grab lucrative projects under the first phase of the solar mission that hopes to add...

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The truth about solar mission by Chandra Bhushan & Jonas Hamberg

For the Government of India the first phase of the National Solar Mission has been a grand success. It not only managed to attract industry to invest in the generation of an energy considered costly, but also dramatically drove down the cost of producing this energy. In its celebration, little did the government realise that a major conglomerate had subverted rules to acquire a stake in the solar mission much...

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Seeking Aid For Low Carbon Growth by Keya Acharya

After pushing for financing adaptation at the just-concluded United Nations climate talks at Durban, India is hitting every button for aid in executing its low-carbon growth plans. This despite India (and China) refusing to sign new climate agreements at the U.N. Framework Convention for Climate Change (UNFCCC)’s 17th conference of the parties (COP 17) in the South African city.  India, in fact, has a well-drawn out policy and action plan for climate...

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Nuclear power is our gateway to a prosperous future by APJ Abdul Kalam and Srijan Pal Singh

'Economic growth will need massive energy. Will we allow an accident in Japan, in a 40-year-old reactor at Fukushima, arising out of extreme natural stresses, to derail our dreams to be an economically developed nation?' Every single atom in the universe carries an unimaginably powerful battery within its heart, called the nucleus. This form of energy, often called Type-1 fuel, is hundreds of thousands, if not millions, of times more powerful...

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