Economics
Modi Signals Solar Revolution for Power Market: Corporate India
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Narendra Modi hasn’t said much about how he’d govern India if he wins the general election in May. One thing is clear: he’s signaling a clean energy revolution to end blackouts and revive economic growth.
The election frontrunner pioneered India’s first incentives for large-scale solar power in 2009 in sun-baked Gujarat province a year before Prime Minister Manmohan Singh backed the technology. Modi also shook up utilities, giving his state uninterrupted electricity supplies, a rarity in India.