Thursday, April 27, 2006

India targets wind energy boost

Leading figures from the renewable energy industry have met in India to discuss the development of wind energy, as the Indian government aims to adopt more sustainable power sources. Over fifty representatives from the industry, banks, developers, government officials and technology experts attended the roundtable meeting. The event, at New Delhi’s Confederation of Indian Industry headquarters, was designed to assess the barriers and benefits for wind power in India, and the ways in which the experience of the sector in Europe can be used to assist its integration. “Investors will look at the most appropriate options of low cost financing to get the projects through,” said Mr. Subramanian, Secretary of the Ministry for Non Conventional Energy Sources in New Delhi. “If we want to attract investors, we have to establish a great deal of discipline in the wind energy sector.” “This is one of the first occasions when there has been such effective dialogue and interchange of concerns among so many of the key wind energy sector stakeholders,” added Hugo Chandler of the European Wind Energy Association (EWEA). Text Only/Printable Version Show all headlines

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