CEO, Soft Bank Group, Masayoshi offers free electricity after 25 yrs

Speed Post News Network

New Delhi : Chief Executive Officer, Soft Bank Group, Masayoshi Son, on October 4, 2018, addressed the plenary session of the 2^nd Global Renewable Energy Investment Meeting and Expo, (REINVEST- 2018), organised by the Ministry of New and Renewable Energy, Government of India.

The First Assembly of International Solar Alliance (ISA), the 2^nd IORA Renewable Energy Ministerial Meeting and the 2^nd Global Renewable Energy Investment Meeting and Expo (REINVEST- 2018) is being held at India Expo Mart, Greater Noida, UP, from October 3 to 5, 2018.

Making a presentation on the occasion, Masayoshi Son, according to a PIB release, said,“ISA has been a very important part of Prime Minister Narendra Modi’s leadership. PM Modi wants 100% electrification, it is a great mission, with great vision, for villages and for households (Saubhagya)”.

Commending the efforts of the ISA, Masayoshi Son said, “We are no more one nation in this mission, but 121 nations involved in bringing a change. I get involved as the chairman of task force, sharing three outcomes- solar innovation platforms, solar technology centres and finally connecting people with power. We fully support the vision 2020 set by PM Modi. Cost of Solar power generation is much cheaper in India compared to rest of the world. I will give free power from solar power projects after 25 years of PPA to all ISA member countries. We’re investing in tech & innovation so that we can harness solar energy efficiently to provide free power to children, mothers, communities across the world. It’s not a dream, we now have the resources to make this happen.”

The conference was inaugurated by PM Narendra Modi in the presence of Antonio Guterres, Secretary General, United Nations on October 2,  2018, at Vigyan Bhavan, New Delhi.