Index Investing News
Monday, May 18, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Ladakh’s long wait for solar power unlikely to end soon 

by Index Investing News
November 12, 2022
in Financial
Reading Time: 4 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter


In his first budget after the BJP came to power in 2014, Finance Minister Arun Jaitley allocated ₹500 crore for ultra-mega solar projects across the country, including one in Ladakh. This brought smiles to Ladakhis because it would have been a transformative investment in the region. 

The then Joint Secretary in the Ministry of New and Renewable Energy (MNRE) had told businessline that Ladakh would have 7.5GW of solar projects.  

Ladakh, a 60,000 sq km region of the Himalayas, with a population of 1.34 lakh people, is a vast, barren region of hills and valleys with very little vegetation. But it is the best region for putting up solar photovoltaic power projects, because of exceptionally good sunshine, practically no heat and dust-free atmosphere. 

Related Stories
Solar developers shocked as govt removes ‘project import’ benefits 

About 10GW of solar projects will be affected, and their viability will go awry, say developers

Since Ladakh would use a very little part of the solar energy for itself—not more than 100 MW—it was believed that the revenue from sales of electricity to other states would be enough to power the region’s economy. 

Nearly a decade down the line, not a single MW of solar plant has come up; nor there is any likelihood of anything happening anytime soon. 

Some hope 

Nawang Thinless is an old hand at renewable energy in Ladakh, who runs the Himalayan Renewable Energy and Construction Firm in Leh, the capital of Ladakh; he recently won a “Business Leader of the year 2022” award, given by the Gulf Cooperation Council (GCC) in Dubai. He is also the project coordinator for a pilot, 1 MW geothermal project being put up by ONGC. 

Nawang told businessline that in recent years, there has been some gingering-up of activity. The Power Grid Corporation of India (PGCIL) has completed a survey for laying transmission lines. On the cards is a 765 kV line from Kaithal in Haryana to Spang, Ladakh. Spang is one of the two sites identified for solar projects. Another PGCIL survey has been done for a 220 kV line from Spang to Leh—about 140 km. 

Related Stories
COP27: What will global leaders be brainstorming about?

He also said that earlier there had been some issues in acquiring lands, but acquisition has since been completed. Between Spang and Zara Dho, 10GW of solar PV plants would come up. The government company, SECI, which is mandated to develop renewable energy projects in India, would come up with tenders for the Ladakh solar projects, Thinless said.

However, a SECI official, who requested not to be named, told  businessline that solar tenders for Ladakh were many years away. He said that things were still at “preliminary stages”. 

NHPC’s interest 

Bikram Singh, Group General Manager with the public sector energy company, NHPC Ltd, who is in charge of the Nimoo Bazgo plant on the Indus River, some 65 km from Leh, told businessline. He noted that NHPC knows the region well and can put up and operate solar plants in Ladakh. 

Other projects 

Last year, Tata Power Solar bagged a job for putting up a 50MW solar plant, co-located with a 50MWhr battery storage system. Sources in Ladakh have said that there has been no progress on the project. Tata Power has not responded to businessline’s request for confirmation. 

However, all this is not to say that ‘solar power’ has not touched Ladakh at all. Hundreds, if not thousands, of houses and streets have little blue solar panels providing energy. A lot of Ladakh’s population is scattered all over the region, and many lead nomadic lives. Many live in ramshackle, make-shift dwelling units, but each festooned with a sparkling solar panel. 

Related Stories
How a Chennai-based start-up Bookwater supplies pure drinking water

Bookwater ensured appropriate water quality, billing of cans and disposing of them after 30 times usage 

SHARE

  • Copy link
  • Email
  • Facebook
  • Twitter
  • Telegram
  • LinkedIn
  • WhatsApp
  • Reddit

Published on November 12, 2022





Source link

Tags: LadakhslongPowerSolarWait
ShareTweetShareShare
Previous Post

Mint Explainer: Another Chinese spy ship stalks the Indian Ocean

Next Post

Bill Maher Rises From Despair, Celebrates Election Day Turnaround By His Fellow Travelers – Deadline

Related Posts

TDV: Technology Dashboard For May (BATS:TDV)

TDV: Technology Dashboard For May (BATS:TDV)

by Index Investing News
May 15, 2026
0

This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...

Microsoft Israel chief leaves amid ethical controversy

Microsoft Israel chief leaves amid ethical controversy

by Index Investing News
May 11, 2026
0

Last week Microsoft Israel, the local marketing and sales office of the US software giant, announced the departure of...

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

Dabur India net up 16% at ₹362 crore in March quarter, revenue up 7.3%

by Index Investing News
May 7, 2026
0

Mohit Malhotra, Global CEO, Dabur India Dabur India posted a consolidated net profit of ₹362 crore in the March quarter,...

A .5 Billion Contract Isn’t Enough Without Profits

A $7.5 Billion Contract Isn’t Enough Without Profits

by Index Investing News
May 3, 2026
0

Quick Read Jim Cramer said no to Applied Digital (APLD) despite its $7.5 billion CoreWeave contract, arguing the company is...

US stocks today: Fed chief nominee Warsh clears key confirmation hurdle in Senate

US stocks today: Fed chief nominee Warsh clears key confirmation hurdle in Senate

by Index Investing News
April 29, 2026
0

Kevin Warsh, U.S. President Donald Trump's pick to lead the Federal Reserve, cleared a key procedural hurdle on Wednesday, opening...

Next Post
Bill Maher Rises From Despair, Celebrates Election Day Turnaround By His Fellow Travelers – Deadline

Bill Maher Rises From Despair, Celebrates Election Day Turnaround By His Fellow Travelers – Deadline

Congrats, Chargers, you’ve created the nickname of the year

Congrats, Chargers, you've created the nickname of the year

RECOMMENDED

The confusing China debate – Econlib

The confusing China debate – Econlib

September 4, 2023
4 Economic Triggers That Could Send Us Into a Recession

4 Economic Triggers That Could Send Us Into a Recession

October 6, 2023
Oyo IPO: Oyo IPO likely to get delayed by a quarter as SEBI seeks refiling with updated information

Oyo IPO: Oyo IPO likely to get delayed by a quarter as SEBI seeks refiling with updated information

January 1, 2023
Repaired German Leopard tanks for Ukraine ready in 2024 at earliest, armsmaker says By Reuters

Repaired German Leopard tanks for Ukraine ready in 2024 at earliest, armsmaker says By Reuters

January 15, 2023
Meta to flag AI-generated content — RT World News

Meta to flag AI-generated content — RT World News

April 5, 2024
Terra’s Do Kwon Is in Europe After Fleeing Singapore: Report

Terra’s Do Kwon Is in Europe After Fleeing Singapore: Report

November 4, 2022
A Lifeline for Afghan Ladies Amid Taliban Restrictions — World Points

A Lifeline for Afghan Ladies Amid Taliban Restrictions — World Points

February 8, 2025
Wagner Group warlord Prigozhin breaks silence after banishment to Belarus for failed ‘coup’ attempt against Putin

Wagner Group warlord Prigozhin breaks silence after banishment to Belarus for failed ‘coup’ attempt against Putin

July 4, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In