A high level
committee of the Environment Ministry of the state of Uttarakhand has been
suggesting 23 major hydroelectric power projects planned in the state be
scrapped due to potential environmental damage and impact on biodiversity. The
expert body headed by Dr. Ravi Chopra stated that “enhanced sediment
availability from and in paraglacial zones could be a serious problem for the
longevity of the existing, under construction and proposed hydro power projects
in Uttarakhand”. In June of last year, flooding in that state caused the death
of nearly 5,700 people. Many environmentalists blamed the rash construction of
very large scale hydro-electric projects that involved building major dams as
contributing to the disaster by weakening river banks.
This will not impact
Pan Global Corporation’s Project Badyar, a 5.7 Megawatts power small
hydroelectric power station located in the foothills of the Himalaya Mountains.
The projects that the green panels are pushing to scrap are far larger scale
projects that involve the damming of rivers that would cause significant
deforestation and displacement of wildlife. Project Badyar diverts water from a
river using a diversion trench weir, which is basically a trench that is built
across the stream and lies below the bed level of the stream so as not to cause
any major obstructions that can impact the ecosystem.
On the political
front, it appears that once election results are in, the more business friendly
Bharatiya Janata Party (BJP) may capture the majority in the Uttarakhand
government. In the 70-member Uttarakhand assembly, the Congress has 32 members
of the legislative assembly, four short of the majority figure, and survives on
the support of seven legislators of the Progressive Democratic Front (PDF). The
buzz is that the PDF members of the legislative assembly can switch over to the
BJP. The BJP under the guidance of governor, and now candidate for Prime
Minister Marendra Modi in the state of Gujarat, was the most successful in
implementing a move toward renewable energy sources and is the most favored by
big business.
Matter of fact, it
is looking more likely that Marendra Modi will be the next prime minister of
India. The largest democratic election in the world is still ongoing and we
will know the results by mid-May. Besides having the backing of local business
elites, transnational conglomerates such as Ford Motor and General Motors have
been very supportive of Modi’s campaign. Oddly enough, Marenda Modi currently
is not allowed to visit the United States of America due to a ban on his visa.
Described as an extreme Hindu nationalist by some, while Modi was governor of
Gujarat in 2002, he may have been complicit in organized riots and pogroms
against that states Muslim population which left over 1,000 dead. Accusations
of human rights violations have led to a ban on Modi’s visa for the United
States, Canada, and other countries. Members of India’s left wing movements
have even gone as far as to call Modi India’s Milosevic or refer to him as a
fascist. Nevertheless, Gujarat is considered an economic success story, and if
he wins the election, the U.S. State Department has promised to overturn the
Visa ban.
Bottom line, the
upcoming elections are looking to be a net positive for renewable energy source
company, Pan Global Corporation as a favorable political environment for small
hydro projects and solar power only becomes even more favorable.
For more information
of Pan Global Corporation, visit www.panglobalcorp.com
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