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The total installed capacity in the country from solar power was 8727.64 MW and from wind power was 28279.40 MW as on 31.10.2016. This was stated by Shri Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines in a written reply to a question in Lok Sabha today.

Shri Goyal further informed that Ministry has released amount of Rs 1667.99 Crores and Rs 366.47 crores for installation of solar and wind energy projects respectively till 31st October 2016 in different State/UTs. The details for last three years are as follows:

 

Year                               Total funds released for solar energy projects(Rs. in Crore)      Total funds released for solar energy projects (Rs. in Crore)                                 

2013-14                                                  692.28                                                    306.00

2014-15                                                  1158.19                                                  568.00

2015-16                                                  3146.24                                                  316.94

2016-17(till 31.10.2016)                           1667.99                                                   366.47

 


“The potential of wind and solar in the country has been estimated to be 302251 MW and 784990 MW respectively”, he added.

ReNew Power Ventures Private Limited, India's leading renewable energy development company, has emerged as the organization with the highest allocation under the mega tender of 500 megawatts of rooftop solar projects floated by Solar Energy Corporation of India Limited (SECI) - the designated implementing agency for this scheme, providing subsidy on roof top projects across various Indian states.

Having bagged 49MW of projects across different states and under different models of financing, ReNew Power is the biggest winner among the hundreds of solar developers who have been allotted parts of the Solar Corporation of India's (SECI) mega tender of 500 MW of solar rooftop projects.

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