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Indian Prime Minister Mr. Narendra Modi is all set to do business this week in the US, and renewable energy is really big on his agenda. As per news coming in from several sources, Mr. Modi will seek assistance of the United States to set up 100 GW each of solar and wind power over the next 10 years. Under the current Indian scenario, the cost of setting up a MW of either solar or wind power is about $1.1 million (for multi-MW grid scale installations, solar rooftop would cost more). If you do the math, that’s a proposal of over $220 billion!
