Indian Economy: News and Discussion

[Suryavanshi]

Any reason why Jharkhand and Chattishgarh are so high on your list?

I just ranked the state which I was given it's not pan India, in case of which Karnataka will probably top the chart.

 

[Haldilal]

Ok fair point . But also look at this aspect that it is able to tap into the chinese market, which is the second-largest injectables market in the world.

What are its cons? Outnumber the pros? Given already we get cheap apis from china.

WHich takes us back to point 1 of mine - expedite manufacturing local apis...

Ya'll Nibbiars Never trust them. Never.

 

[asaffronladoftherisingsun]

Ya'll Nibbiars Never trust them. Never.

Thats clearly the law.

 

[Haldilal]

Thats clearly the law.

Ya'll Nibbiars And they will obey the law?.

 

[asaffronladoftherisingsun]

Ya'll Nibbiars And they will obey the law?.

I actually meant that the law is to never trust chinese.

 

[ladder]

Solar panels also need water , for cleaning , that too apparently not small amounts .

i think Its a big issue when setting up solar plants.

But still solar parks are awsome


largest solar park in world , Bhadla solar park India. looks like something from a scifi movie.

we should cover entire rajasthan desert with them , this is definitely the future

1 MW of solar PV system needs 2-3 hectares (5-7.5 acres) of land.

 

[Haldilal]

1 MW of solar PV system needs 2-3 hectares (5-7.5 acres) of land.

Ya'll Nibbiars For 1 Gigawatt 7,500 acres. That just nonsense. Thorium is the way. And the solar plants also creates a lot's of waste's

 

[asaffronladoftherisingsun]

1 MW of solar PV system needs 2-3 hectares (5-7.5 acres) of land.

Don’t go by what goras are saying on wind and solar, Indian experience is different. We have something they don’t, economies of scale + plenty of barren land.

^^^

Also....

Point 1 - Solar energy aint reliable for this.
Point 2 - Solar energy wont power 24 hours.
Point 3 - Therefore you cant shut down coal plants.


So, technically for example every 10 GW energy demand of a country per day, it needs to invest in 10 GW solar power plants to meet power demand for day in addition to investing 10 GW of energy in conventional sources. That is, a total of 20 GW investment for meeting a power demand of 10GW if one uses Solar energy instead of straight up using coal power or nuclear energy.

Where is one shred of wisdom in using solar energy right now and wasting investments upon it just because of a bunch of environmental coomers love to larp as some alternate energy phds.

 

[SKC]

Why?

A good no of Indian entrepreneurs has very short term goal : How to become a Billionaire! or atleast multimillionaire.
None of these new age entrepreneurs have interest in long term play in market and to become big at world level.
Sachin Bansal from Flipkart and few other have done this. Quick selling of their shares at billion dollar and then start your own hedge fund.
Only Mukesh Ambani is serious in reaching heights at global scale.

 

[SKC]

Ya'll NibbiarsIndia’s pharmaceutical sector was also a major recipient of Chinese FDI. The Shanghai-based drug firm Fosun Pharma acquired a 74 percent majority stake in the Hyderabad-based pharmaceutical manufacturing and R&D firm Gland Pharma in 2017, at a valuation of US$1.08 billion, according to The China Global Investment Tracker.

2016 onwards, India’s technology space began to see an influx of private Chinese capital. Dozens of Chinese technology firms and venture capital players – led by tech giants Alibaba (in Paytm, BigBasket, and Zomato) and Tencent (in Ola, Flipkart, and BYJU’s) – acquired minority or controlling stakes in Indian start-up unicorns. According to data from Invest India, leading Chinese smartphone makers OPPO, VIVO, Xiaomi, and Huawei have all secured 100 percent FDI for contract manufacturing of electronic gadgets in India and have set up plants in the states of Uttar Pradesh, Andhra Pardesh, and Tamil Naidu.

The Chinese automotive company SAIC, which conducts R&D, manufactures, and sells passenger and commercial vehicles, also has a presence in India. Its India operations include a former General Motors company that it acquired and currently has a production capacity of 80,000 units per year. SAIC Motors UK’s subsidiary MG Motors has also registered its presence in India. BYD Auto Co successfully launched electric buses in 2020.
View attachment 81975

Govt blocked path of Tencent and Alibaba now.
Both have winded up their operation in India now with no future where they will be allowed again.
Only issue is the companies in which they managed to get partnership or ownership.

 

[ladder]

^^^

Also....

Point 1 - Solar energy aint reliable for this.
Point 2 - Solar energy wont power 24 hours.
Point 3 - Therefore you cant shut down coal plants.


So, technically for example every 10 GW energy demand of a country per day, it needs to invest in 10 GW solar power plants to meet power demand for day in addition to investing 10 GW of energy in conventional sources. That is, a total of 20 GW investment for meeting a power demand of 10GW if one uses Solar energy instead of straight up using coal power or nuclear energy.

Where is one shred of wisdom in using solar energy right now and wasting investments upon it just because of a bunch of environmental coomers love to larp as some alternate energy phds.

No, we don't need 10+ 10. We only need base load from conventional/ nuclear sources. Distributed solar PV / Solar thermal + wind+ biomass with storage like cheap deep cycle storage iron ion battery will take care of the rest. Even Hydrogen economy is getting traction. That's also a technology to look at.

 

[SKC]

^^^

Also....

Point 1 - Solar energy aint reliable for this.
Point 2 - Solar energy wont power 24 hours.
Point 3 - Therefore you cant shut down coal plants.


So, technically for example every 10 GW energy demand of a country per day, it needs to invest in 10 GW solar power plants to meet power demand for day in addition to investing 10 GW of energy in conventional sources. That is, a total of 20 GW investment for meeting a power demand of 10GW if one uses Solar energy instead of straight up using coal power or nuclear energy.

Where is one shred of wisdom in using solar energy right now and wasting investments upon it just because of a bunch of environmental coomers love to larp as some alternate energy phds.

Salt based Solar plants works 24 hours. They store enough energy to run in night time.

 

[Maharaj samudragupt]

Bjp in jharkhand built, many solar power stations individually, not large solar parks.
Presently they are being maintained well.

 

[Nicky G]

Hydro Power scales up really well. Solar plants based on stored heat energy in Sodium salts scales up really good. Wind farms also scale up quite well. Also you can place small generators in the rivers streams in multiple no and provide energy for big cities (already working well in Europe).
Yes, Nuclear option is best option among all but not every country and place can build up nuclear plants.

Compare the land usage per watts for any of these renewable resources with nuclear. It's no competition.

Small countries with high energy demand will never find much use for these.

Another problem is reliability. No where can these sources be used to power on their own, they are always supplemented by fossil fuels to fill in the inevitable distribution.

Energy storage is in the iron age compared to what we'd need. The best is the Tesla battery which could run a city for a few hours based on a matrix of a say a thousand cells. Not scalable or viable.

There are a host of reasons why they are terrible for the ecosystem, animals, birds, agriculture etc.

Do you know what chemicals are used is solar panes and what would happen if they break, as they often do? The damage they'd cause to the soil?

Most countries can't develop their own nuclear technology or have fuel. Good for us, we can do both and sell the tech and fuel to others.

All in all, it's a fools errand to invest too much in anything but thorium based nuclear power.

 

[mokoman]

Ya'll Nibbiars For 1 Gigawatt 7,500 acres. That just nonsense. Thorium is the way. And the solar plants also creates a lot's of waste's

^^^

Also....

Point 1 - Solar energy aint reliable for this.
Point 2 - Solar energy wont power 24 hours.
Point 3 - Therefore you cant shut down coal plants.


So, technically for example every 10 GW energy demand of a country per day, it needs to invest in 10 GW solar power plants to meet power demand for day in addition to investing 10 GW of energy in conventional sources. That is, a total of 20 GW investment for meeting a power demand of 10GW if one uses Solar energy instead of straight up using coal power or nuclear energy.

Where is one shred of wisdom in using solar energy right now and wasting investments upon it just because of a bunch of environmental coomers love to larp as some alternate energy phds.

Compare the land usage per watts for any of these renewable resources with nuclear. It's no competition.

Small countries with high energy demand will never find much use for these.

Another problem is reliability. No where can these sources be used to power on their own, they are always supplemented by fossil fuels to fill in the inevitable distribution.

Energy storage is in the iron age compared to what we'd need. The best is the Tesla battery which could run a city for a few hours based on a matrix of a say a thousand cells. Not scalable or viable.

There are a host of reasons why they are terrible for the ecosystem, animals, birds, agriculture etc.

Do you know what chemicals are used is solar panes and what would happen if they break, as they often do? The damage they'd cause to the soil?

Most countries can't develop their own nuclear technology or have fuel. Good for us, we can do both and sell the tech and fuel to others.

All in all, it's a fools errand to invest too much in anything but thorium based nuclear power.

for bhadla solar park its 2.2 Giga watt in 14,000 acres.

There is tech for storing solar energy in molten salt batteries to use at night time . i dunno if its been operationalized anywhere but its a possibility.

Thorium tech will mature around the same time pigs will start to fly , which is never. Same for fusion energy , its vapour ware , fantasy . even coal makes more sense to me than nuclear.

Solar panel tech is constantly evolving , so is battery tech.

you guys hate solar , shame shame .

solar + battery is the future.

 

[FalconSlayers]

for bhadla solar park its 2.2 Giga watt in 14,000 acres.

There is tech for storing solar energy in molten salt batteries to use at night time . i dunno if its been operationalized anywhere but its a possibility.

Thorium tech will mature around the same time pigs will start to fly , which is never. Same for fusion energy , its vapour ware , fantasy . even coal makes more sense to me than nuclear.

Solar panel tech is constantly evolving , so is battery tech.

you guys hate solar , shame shame .

solar + battery is the future.

We already have Thorium based nuclear plants

 

[ezsasa]

^^^

Also....

Point 1 - Solar energy aint reliable for this.
Point 2 - Solar energy wont power 24 hours.
Point 3 - Therefore you cant shut down coal plants.


So, technically for example every 10 GW energy demand of a country per day, it needs to invest in 10 GW solar power plants to meet power demand for day in addition to investing 10 GW of energy in conventional sources. That is, a total of 20 GW investment for meeting a power demand of 10GW if one uses Solar energy instead of straight up using coal power or nuclear energy.

Where is one shred of wisdom in using solar energy right now and wasting investments upon it just because of a bunch of environmental coomers love to larp as some alternate energy phds.

Sure..

It needs to be taken into consideration why solar or renewables are getting popular all over the globe in the first place, this has fundamentally to do with the cost of procuring energy which keeps getting higher and higher every decade all over the globe. countries want to reduce their energy import bill.

Current thinking is that going solar or wind will not have traditional dependencies on Middle East or US or Russia. Do keep in mind I am talking from a European & american point of view. they are the originators of this thought process.

It so happens that modi ji came at the right time and happened to like the idea of cheaper energy imports bill, India’s current stand purely coincidental.

 

[Nicky G]

for bhadla solar park its 2.2 Giga watt in 14,000 acres.

There is tech for storing solar energy in molten salt batteries to use at night time . i dunno if its been operationalized anywhere but its a possibility.

Thorium tech will mature around the same time pigs will start to fly , which is never. Same for fusion energy , its vapour ware , fantasy . even coal makes more sense to me than nuclear.

Solar panel tech is constantly evolving , so is battery tech.

you guys hate solar , shame shame .

solar + battery is the future.

Study France and Germany. One went nuclear, the other solar/wind etc.

Compare their states and cost of power, distruption to ecosystem etc.

A bit of history. When nuclear technology was being developed, there were two contendors, uranium and thorium. One was chosen as it was more easily weaponised. Thorium has started recieving attention recently, it will mature before you use solar/wind as a completely standalone source to reliably power a city let alone a country.

It's not about hate, its about facts. No virtue signalling, please. Don't behave like a woke liberal.

 

[mokoman]

We already have Thorium based nuclear plants

didnt know that , which one ?

i thought we were only at stage 2 of 3 stage plan .

 

[FalconSlayers]

didnt know that , which one ?

i thought we were only at stage 2 of 3 stage plan .

We are the only one in the world to be using thorium, I got to know that a few years ago when I was in Pragati Maidan Delhi trade fair. Some PSU Pavillion had that info.