47.86 GW of renewable energy capacity installed in India over six years: Govt

“A total of 47.86 GW of renewable energy capacity has been installed in the country during the last six years i.e. March 2014 to October 2019,” Power and New & Renewable Energy Minister R K Singh said in a written reply to a question in the Lok Sa… PTI|Dec 12, 2019, 09.11 PM ISTBCCLNEW DELHI:…

“A total of 47.86 GW of renewable energy capacity has been installed in the country during the last six years i.e. March 2014 to October 2019,” Power and New & Renewable Energy Minister R K Singh said in a written reply to a question in the Lok Sa…

PTI|

Dec 12, 2019, 09.11 PM IST

BCCL

R-K-Singh-bccl

NEW DELHI: The government on Thursday said a total of 47.86 gigawatt (GW) of renewable energy capacity has been installed in the past six years.

“A total of 47.86 GW of renewable energy capacity has been installed in the country during the last six years i.e. March 2014 to October 2019,” Power and New & Renewable Energy Minister R K Singh said in a written reply to a question in the Lok Sabha.

The government has set a target of installing 175 GW of renewable energy capacity by 2022, which includes 100 GW from solar, 60 GW from wind, 10 GW from biomass and 5 GW from small hydropower projects, he said.

The initiatives taken by the government to explore new and renewable energy sources in the country include permitting FDI up to 100 per cent under the automatic route, waiver of inter-state transmission system (ISTS) charges and losses for inter-state sale of solar and wind power for projects to be commissioned up to December 2022, the minister said.

Besides other initiatives are “notification of standard bidding guidelines to enable distribution licensee to procure solar and wind power at competitive rates in cost effective manner, declaration of trajectory for renewable purchase obligation up to the year 2022, launching of new schemes, such as, PM-KUSUM, solar rooftop phase II, 12,000 MW CPSU scheme Phase II,” Singh added.

Also Read

Cabinet approves pact with Guinea on renewable energy

India showing political will on renewable energy development: IRENA

With renewable energy, Rail ministry to transform Indian Railways into ‘Green Railways’

Tata Power seeks global investors to sell stake in renewable energy portfolio

Google makes biggest corporate purchase of renewable energy

Commenting feature is disabled in your country/region.

Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service

Read More

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Next Post

FM Nirmala Sitharaman says centre committed to paying GST compensation; does not give timeline

Fri Dec 13 , 2019
NEW DELHI: With states not being paid compensation for loss of revenue from implementation of GST since August, Finance Minister Nirmala Sitharaman on Thursday assured the Centre will honour its commitment but did not say by when the dues will be cleared. States -- that surrendered powers to collect taxes on goods and services after…
%d bloggers like this: