Wednesday, 22 September 2010

Property prices soar in the desert

The Thar desert spreads 200,000 square kilometres across North West India, abd land there has gone from virtually worthless to being very valuable almost overnight.

The reason? The Indian government recently launched its National Solar Mission - a $19bn plan to generate 20,000 megawatt of solar electricity by 2022. And the Thar desert is a vast place basked in sun with abundance, meaning that it is ideal for generating solar energy. The beauty of this project is that it uses land that would otherwise be barren.

The region's solar revolution is expected to get underway shortly when one of India's biggest energy companies - Reliance Industries - switches on its 5 megawatt solar plant in the nearby town of Khimsar.

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