Tulsi Tanti, chairman Suzlon Group, said, "We believe the BJP-led government will provide an environment conducive for growth and investments, with major reforms in the infrastructure and renewable energy sector. This is important as India's economic environment will act as a catalyst in reviving the global economy."
Suzlon has already announced plans to enter offshore wind power generation in India in a big way. It has already successfully set up a number of offshore wind generation units globally with Germany's Alpha Ventus Project 60km from shore.
"Renewable energy is the only long-term sustainable solution and an answer to issues around global warming. Within this, the solar power specifically can address rural electrification challenge. "Two key factors are cost effectiveness and maximizing deployment — policy changes supporting land acquisition, ease of finance and long-term PPAs would boost the renewable energy sector," said Sameer Gupta, managing director, Jakson Group. The BJP's election manifesto promises a 'comprehensive energy policy' to harness oil, gas, hydro, ocean, wind, solar, coal and nuclear energy.
In Gujarat, where Narendra Modi was chief minister for 12 years, political appointees were ejected from state ventures and power utilities and made the companies autonomous and professionally run, helping them turn profitable. (IANS)