MNRE Allocates Budget of INR 175.87 Cr For Renewable Research

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The Ministry of New & Renewable Energy (MNRE) recently issued notice of Administrative Approval for continuation of the Renewable Energy Research and Technology Development Programme for the period from 2017-18 to 2019-20. 

Notice states that Sanction of the President of India is hereby accorded for continuation of the Renewable Energy Research and Technology Development (RETD) Programme of the Ministry of New and Renewable Energy (MNRE) for implementation during the period 2017-18 to 2019-20 at a total cost of Rs. 175.87 crore. 

The scheme has been structured to support technology development and demonstration, validation, testing and standardization, innovation start-ups, field evaluation, study, etc. for entire renewable energy sector which includes solar thermal systems, solar photovoltaic systems, biogas systems, waste to energy systems, wind energy systems, hybrid systems, storage systems, control and integration systems, hydrogen and fuel cell systems, geothermal, etc.

The scheme will lead to technology/ process development in New & Renewable Energy which will be measured in terms of improvement of process/ efficiency and cost reduction and technology validation for scaling up for demonstration and commercialization. 

 MNRE will support projects under MHRD led initiatives, IMPRINT and UAY matching MNRE thrust areas and approved by the Apex Committees of these initiatives.

To know about the scheme refer to document below:

The wide-spread application of renewables is a vital prerequisite for the transformation of the global energy system towards sustainability. For India, renewable energy sources are a strategic national resource and harnessing these sources will put the country on the path to a cleaner environment, energy independence, a stronger economY r and curb global warming.

 Renewable energy technologies are still evolving in terms of technological maturity and cost competitiveness. Further, emerging technologies such as storage, smart grids, and electric mobility are witnessing disruptive growth phases; these would have a pivotal role in increasing the deployment and utilization of renewables. In this scenario, focused efforts would be required towards research and technology development benchmarked at the global level in terms of efficiency, cost competitiveness and convenience. 

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