Fractional investment model

Summary: NITI Aayog recommends that 60% of the materials used in wind energy be sourced locally to boost cybersecurity and reduce reliance on imports, particularly from China. They point out risks like offshore data storage and unauthorized updates, emphasizing strict checks on foreign software and hardware before allowing them to connect to the power grid. 

 

The proposal also suggests giving priority to Indian-made parts for essential wind components listed in the Revised List of Models and Manufacturers (RLMM). It requires companies in the wind sector to set up data centers and research facilities in India. Failure to comply could result in losing out on government contracts.

 

Additionally, NITI Aayog suggested using AI or machine learning to better detect cyber threats in India's wind energy sector. This is aimed at making India more self-sufficient in renewable energy, considering strong competition from China in wind turbine assembly.

 

Source: IBEF 

 

Disclaimer: The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the material supplied, including its accuracy, completeness, and usefulness.

GHL INDIA is here to create a prosperous environment that serves the world at large

Let us join together to live an opulent life