TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Radico Khaitan Pulls ‘Trikal’ Whisky from Market Amid Public Backlash from Hindus

    Radico Khaitan Pulls ‘Trikal’ Whisky from Market Amid Public Backlash from Hindus

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Savarkar

    Remembering How Congress Orchestrated the Mob Lynching of Veer Savarkar’s brother Dr Narayan Savarkar

    Errol Musk, father of Elon Musk to Visit Ram Temple in June

    Errol Musk, father of Elon Musk to Visit Ram Temple in June

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

    Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

    Prime Minister Modi to Chair Key NITI Aayog Meeting Amid Push for Viksit Bharat by 2047

    Prime Minister Modi to Chair Key NITI Aayog Meeting Amid Push for Viksit Bharat by 2047

    International Monetary Fund (IMF).

    IMF Defends $1 Billion Bailout to Pakistan Amid India’s Concerns Over Terror Funding

    The Silent Revolution: How Quantum AI Is Rewriting Cybersecurity, Finance, and Warfare

    The Silent Revolution: How Quantum AI Is Rewriting Cybersecurity, Finance, and Warfare

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Mock Drills to Be Held Tomorrow in States Bordering Pakistan

    India’s Major Preparations After ‘Operation Sindoor’! Mock Drills to Be Held Tomorrow in States Bordering Pakistan

    What’s the Kaveri Engine and Why Is Everyone Talking About It?

    What’s the Kaveri Engine and Why Is Everyone Talking About It?

    New Satellite Images Reveal 3-Meter Crater at Pakistan’s Murid Air Base

    New Satellite Images Reveal 3-Meter Crater at Pakistan’s Murid Air Base

    India Fast-Tracks Advanced Medium Combat Aircraft

    India Fast-Tracks Advanced Medium Combat Aircraft to Counter China-Pak Threat

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Pakistan’s Nuclear Ambition: A Costly Shield Fueling Economic Woes

    Pakistan’s Nuclear Ambition: A Costly Shield Fueling Economic Woes

    UK

    UK: 50 Injured After Car Ploughs Into Crowd Celebrating Liverpool’s Premier League Victory

    World Bank

    India to Oppose World Bank’s $20 Billion Loan to Pakistan Over Terror Funding Fears

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    How to Decide Between Amity and Manipal for Your Online MBA Journey

    How to Decide Between Amity and Manipal for Your Online MBA Journey

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    The Complete Guide to Education Loan Interest Rates in 2025

    The Complete Guide to Education Loan Interest Rates in 2025

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Cricket – More Than Just a Bat and Ball

    Cricket – More Than Just a Bat and Ball

    Lazer247 India – Best Online Sports Betting and Casino Platform

    Lazer247 India – Best Online Sports Betting and Casino Platform

    Adjustable Folding Adirondack Chair With Cup Holder – Customizable Support For Ultimate Relaxation

    Adjustable Folding Adirondack Chair With Cup Holder – Customizable Support For Ultimate Relaxation

    1win कैसीनो गेम्स: जब दांव से पहले रिवाज़ बन जाते हैं आदत और खेल का हिस्सा

    1win कैसीनो गेम्स: जब दांव से पहले रिवाज़ बन जाते हैं आदत और खेल का हिस्सा

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Radico Khaitan Pulls ‘Trikal’ Whisky from Market Amid Public Backlash from Hindus

    Radico Khaitan Pulls ‘Trikal’ Whisky from Market Amid Public Backlash from Hindus

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Savarkar

    Remembering How Congress Orchestrated the Mob Lynching of Veer Savarkar’s brother Dr Narayan Savarkar

    Errol Musk, father of Elon Musk to Visit Ram Temple in June

    Errol Musk, father of Elon Musk to Visit Ram Temple in June

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

    Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

    Prime Minister Modi to Chair Key NITI Aayog Meeting Amid Push for Viksit Bharat by 2047

    Prime Minister Modi to Chair Key NITI Aayog Meeting Amid Push for Viksit Bharat by 2047

    International Monetary Fund (IMF).

    IMF Defends $1 Billion Bailout to Pakistan Amid India’s Concerns Over Terror Funding

    The Silent Revolution: How Quantum AI Is Rewriting Cybersecurity, Finance, and Warfare

    The Silent Revolution: How Quantum AI Is Rewriting Cybersecurity, Finance, and Warfare

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Mock Drills to Be Held Tomorrow in States Bordering Pakistan

    India’s Major Preparations After ‘Operation Sindoor’! Mock Drills to Be Held Tomorrow in States Bordering Pakistan

    What’s the Kaveri Engine and Why Is Everyone Talking About It?

    What’s the Kaveri Engine and Why Is Everyone Talking About It?

    New Satellite Images Reveal 3-Meter Crater at Pakistan’s Murid Air Base

    New Satellite Images Reveal 3-Meter Crater at Pakistan’s Murid Air Base

    India Fast-Tracks Advanced Medium Combat Aircraft

    India Fast-Tracks Advanced Medium Combat Aircraft to Counter China-Pak Threat

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Pakistan’s Nuclear Ambition: A Costly Shield Fueling Economic Woes

    Pakistan’s Nuclear Ambition: A Costly Shield Fueling Economic Woes

    UK

    UK: 50 Injured After Car Ploughs Into Crowd Celebrating Liverpool’s Premier League Victory

    World Bank

    India to Oppose World Bank’s $20 Billion Loan to Pakistan Over Terror Funding Fears

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    How to Decide Between Amity and Manipal for Your Online MBA Journey

    How to Decide Between Amity and Manipal for Your Online MBA Journey

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    The Complete Guide to Education Loan Interest Rates in 2025

    The Complete Guide to Education Loan Interest Rates in 2025

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Cricket – More Than Just a Bat and Ball

    Cricket – More Than Just a Bat and Ball

    Lazer247 India – Best Online Sports Betting and Casino Platform

    Lazer247 India – Best Online Sports Betting and Casino Platform

    Adjustable Folding Adirondack Chair With Cup Holder – Customizable Support For Ultimate Relaxation

    Adjustable Folding Adirondack Chair With Cup Holder – Customizable Support For Ultimate Relaxation

    1win कैसीनो गेम्स: जब दांव से पहले रिवाज़ बन जाते हैं आदत और खेल का हिस्सा

    1win कैसीनो गेम्स: जब दांव से पहले रिवाज़ बन जाते हैं आदत और खेल का हिस्सा

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

PM Modi led International Solar Alliance can prove to be an effective counter to OPEC cartel

Amit Agrahari by Amit Agrahari
4 October 2018
in Analysis
modi solar opec

PC: indiatoday.in

Share on FacebookShare on X

International Solar Alliance, an international organization led by PM Modi consists of more than 121 countries, has gained currency in last few months. UN secretary general conferred the highest environmental honor, the UNEP Champion of the Earth award to PM Modi a few days back. “Prime Minister Modi has been selected in the leadership category for his pioneering work in championing the International Solar Alliance and for his unprecedented pledge to eliminate all single-use plastic in India by 2022,” said UN Secretary-General Antonio Guterres in the ceremony at Pravasi Bharatiya Kendra.

International Solar Alliance (ISA) was proposed by PM Modi in November 2015 at Wembley Stadium. The alliance was first proposed for sunshine countries, which lie either completely or partly between the Tropic of Cancer and the Tropic of Capricorn. PM referred to these countries as Suryaputra (Sons of the Sun). Now, the alliance is open to all the UN member countries.

RelatedPosts

Why BJP Must Rein in Its Leaders: PM Modi Reiterates Warning Against Irresponsible Remarks

Five Pakistani Aircraft Taken Out in Operation Sindoor: BJP’s Amit Malviya

Prime Minister Modi to Chair Key NITI Aayog Meeting Amid Push for Viksit Bharat by 2047

Load More

India played important role in establishment of ISA and in many ways leads the multinational alliance. It is first international alliance which will have its secretariat in India and an Indian, Upendra Tripathy will lead the alliance. “India will produce 175 GW electricity from renewable sources by 2022 and 100 GW will be from solar energy,” Mr. Modi said, while addressing the ISA. “Distribution of 28 crore LED bulbs in three years has saved $2 billion and 4 GW of electricity. India will also provide 500 training slots for ISA member-countries and start a solar tech mission to lead R&D,” he added.

India seeks to use ISA both as foreign policy tool and clean energy driver. On the energy front, ISA will be counter to Vienna-based Organization of the Petroleum Exporting Countries (Opec) and Paris-based International Energy Agency (IEA). On foreign policy front, ISA will be a counter to China’s ambitious One Belt One Road (OBOR) initiative through which the dragon aims to dominate Asia. Modi pitched for “one-world, one-sun, one-grid”, to project ISA as a tool for the good across the globe. ISA is arguably the largest international alliance since Non-Aligned Movement (NAM) in which India is the founding member and leader.

Modi stressed on the role ISA could play in future in the field of clean energy. “The ISA will have same role in future what is being currently being played by OPEC. The role of the oil wells today will be that of the sun’s rays tomorrow,” said PM Modi. OPEC is an alliance of 15 countries which produce almost half of world’s crude oil. Therefore these countries manipulate the oil prices in international market by reduction/increase in the production of crude oil. On the other hand consumer nations like India, China has no ‘collective bargaining’ power against OPEC. These countries despite being among the largest consumers have to pay ‘Asia Premium’ to OPEC countries.

The production and consumption of renewable energy is growing exponentially in the country. Recently, Power Minister R K Singh said that he has revised the target of renewable energy capacity addition from 175GW to 227GW by 2022. Globally, India stands 4th in wind power, 5th in renewable power and 6th in solar power installed capacity. Solar energy capacity has increased by 8 times from 2.63 GW in 2014 to 22 GW. Wind energy capacity increased by 1.6 times from 21 GW in 2014 to 34 GW. “By 2030, 40% of our electricity will be non-fossil fuel based. India has emerged as the most favorable destination for renewable energy with around $42 billion been invested in the country, over the next four years, the green energy sector has a business potential of around $70-$80 billion,” said Modi during the inauguration of 1st Assembly of International Alliance (ISA) at Vigyan Bhavan in New Delhi.

ISA will help India to lead the future of energy as well as augment its bargaining power against organizations like OPEC. The price of solar energy has gone down is last four years with growth in investment. If India successfully leaps to clean energy in the upcoming decades, a huge amount of foreign exchange spent on oil bills could be saved. Therefore, India’s future in clean energy will depend on ISA’s success to a large extent. In addition, ISA could be an effective foreign policy tool to enhance and expand India’s soft power. 

Tags: OPECPM Modisolar energy
Share379TweetSend
Previous Post

Will not ally with the Congress at any cost, says Mayawati

Next Post

Banned Khalistani group funded AAP campaign, Republic TV sting operation reveals

Related Posts

PM Narendra Modi with Armed Forces Personnel after 'Operation Sindoor',
Analysis

BJP State Units Hail PM Modi, Forces for Triumph in ‘Operation Sindoor’, Reassert Nationalist Narrative

21 May 2025

In the wake of India’s decisive military response to Pakistan, dubbed "Operation Sindoor," Bharatiya Janata Party (BJP)-led state governments...

Explainer: How did Donald Trump come up with ‘discounted’ reciprocal tariffs for countries
Analysis

Explainer: How did Donald Trump come up with ‘discounted’ reciprocal tariffs for countries

3 April 2025

The Trump administration's declaration of retaliatory tariffs has caused alarm around the world, impacting even remote areas. He justified...

Waqf Board
Analysis

Beyond Religion: The Economic and Legal Realities of Waqf in India

3 April 2025

The Waqf Act in India is often perceived only as a religious issue, but in reality, it primarily deals...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Pakistan needs money from IMF to feed their people

Pakistan needs money from IMF to feed their people

00:15:20

Vacate PoK and more: Steps Pakistan needs to take to avoid Indian military action

00:06:36

Taking The Wire’s Propaganda Piece on VP to the Cleaners – Feat. Prof. Kapil Kumar

00:09:19

Rahul Gandhi Undermines India’s Electoral Integrity as Trump Applauds It

00:07:09

Why Pakistan army chief reminds two nation theory| what is the plan| Waqf Bill |Asim Munir| Jinnah

00:13:02
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited