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Modi-Macron solar push to target 1,000 GW power capacity with $1 trillion funding by 2030

Speaking at the founding conference of the Gurugram-headquartered International Solar Alliance (ISA), Modi presented a 10-point action plan to make affordable solar technology available to all nations. The summit held here was co-hosted by French President Emmanuel Macron.

In reality, a short-term intervention by the government is pretty unlikely as it may disturb the fiscal deficit situation.
ONGC has until now been a zero-debt company and this is will be the first time ever that the company will be going in for borrowing to finance its investment.
As part of the deal, the ATL will take control of the integrated business of power generation, transmission and distribution.
Union Oil Minister Dharmendra Pradhan on Sunday said his Ministry is trying to bring petrol and diesel under the purview of the Goods and Services Tax (GST).
ONGC will pay Rs 473.97 per share for 77.8 crore shares of the government in Hindustan Petroleum Corp Ltd (HPCL), the company said in a stock exchange filing.
The total installed capacity has reached 3.30,861 mega watt (Mw) by the end of November, this year. Of this, contribution from the private sector was 44.5 percent.
All the government-owned oil marketing companies (OMCs) are reportedly focussing on complete automation and real-time monitoring of all their outlets.