New Delhi: Early execution of the Iran Turkmenistan India gas pipeline project seems imminent with the upcoming visit of the President of Iran on 29 April.
Dr. Kirit S Parikh, member, Planning Commission said discussions would be held on the possibility of an early execution of the Iran Turkmenistan India gas pipeline project as it is falling short of all forms of energies to meet its future energy requirement.
He called for cooperative development with countries like Burma, Nepal and Bhutan to import hydel energy so that India could meet its power requirements and overcome its power crisis.
“The benefits of cooperative development and its cost should be equitably shared by the countries concerned as this project is much more feasible”, said Dr. Parikh adding that the Planning Commission would recommend it to the government.
Referring to Indo-U.S. Nuclear Civil Agreement, the Planning Commission Member felt that it should be signed without any delay to help India import Uranium and set up a number of nuclear power projects. The nuclear power is much more cheaper and therefore with the signing of the deal, uranium imports would facilitate India to set up many nuclear power plants with joint venture agreements.
Elaborating on Iran Turkmenistan India gas pipeline project, Dr. Parikh emphasized that since India has fallen short of all power forms, the much talked about gas pipeline project would be discussed at the highest political level when the Iranian President arrives in New Delhi end of this month.
He also emphasized the need to harness solar power to generate electricity to remove darkness in rural India. Harnessing of solar energy, according to his estimates could generate nearly 50,000 MW of solar power by 2050, the capacity of which could be further enhanced to over 75,000 MW.
Bio-fuels like Jatropha are grown in nearly 55 million hectares of wasted land in India. This is generating 100 million tonnes of bio-fuels which will help India generate fuels that can be mixed with petrol and diesel to help its transport sector.