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India On Track To Have 50 percent Installed Power Capacity Via Non-Fossil Fuel Sources: R K Singh

By PTI December 06, 2023

The country's installed power generation capacity from non-fossil source is 186.46 GW, which is 43.82 percent of its total installed capacity, the minister for new and renewable energy said

India On Track To Have 50 percent Installed Power Capacity Via Non-Fossil Fuel Sources: R K Singh
The non-fossil electricity capacity has seen remarkable growth, increasing from 32.54 percent in March 2014 to 43.82 percent in October 2023. Shutterstock
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India is making significant strides towards achieving its goal of having 50 percent of its installed power generation capacity from non-fossil sources by 2030, according to Union Minister R. K. Singh. Currently, the country boasts an installed power generation capacity from non-fossil sources at 186.46 gigawatts (GW), constituting 43.82 percent of its total capacity.

Singh, who serves as both the Minister for New and Renewable Energy and the Power Minister, assured the Rajya Sabha that India is on course to meet its target. Of the total non-fossil capacity, 178.98 GW is derived from renewable energy, while 7.48 GW is from nuclear power. Moreover, an additional 114.08 GW is currently under implementation, and 55.13 GW is in the tendering stage.

The non-fossil electricity capacity has seen remarkable growth, increasing from 32.54 percent in March 2014 to 43.82 percent in October 2023. Singh outlined various measures taken by the government to promote renewable energy, including allowing up to 100 percent foreign direct investment (FDI) under the automatic route and waiving inter-state transmission system (ISTS) charges for inter-state sales of solar and wind power for projects commissioned by June 30, 2025.

Initiatives such as ultra-mega renewable energy parks, Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM), Solar Rooftop Phase II, 12000 MW CPSU Scheme Phase II, and the production-linked incentive scheme are part of the comprehensive strategy to boost renewable energy.

The National Programme on High-Efficiency Solar PV Modules and the Green Energy Corridor Scheme for Intra-State Transmission Systems further contribute to the government's efforts.

Singh highlighted the sanctioning of 50 solar parks with a total capacity of 37,490 MW across 12 states since 2014 under the Solar Parks Scheme. Notably, these parks have seen the establishment of solar projects with a combined capacity of 10,237 MW. The comprehensive approach underscores India's commitment to transitioning towards cleaner and more sustainable energy sources.

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