175 GW Renewable Energy Capacity Building by 2022: R.K Singh

0
377

Union Minister for power and New and Renewable Energy, Shri R.K. Singh in a written reply in Lok Sabha said that the Government has set a target for achieving 175 GW Renewable Energy (RE) capacity (excluding large hydro) by the year 2022. So far, 96.95 GW of cumulative installed RE capacity (excluding large hydro) has been achieved as on June 30, 2021 in the country.

The Renewable power is purchased by DISCOMs which pool it with conventional power and supply it to all consumers including Government & non-Government institutes.

The generation of conventional electrical energy has decreased from 1249.33 Billion Units(BUs) in 2018-19 to 1234.61 BUs in 2020-21 despite increase in total electricity generation from 1376.09 BUs to 1381.85 BUs.

A total of 92.97 GW renewable energy capacity (excluding large hydro) has been cumulatively installed in the country as on February 28, 2021. Further, a capacity of 50.15 GW is under various stages of under-implementation, and a capacity of 27.02 GW is under various stages of bidding.

In another reply to the House, the minister said, The Ministry has formulated a committee to finalize a roadmap for offshore wind development in the country, including upcoming offshore projects. Government has permitted Foreign Direct Investment (FDI) up to 100 percent under the automatic route for renewable energy projects, including offshore wind energy projects.

Leave a Reply

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