India reiterates focus on renewable energy

Aims to generate 175 GW of renewable energy by 2022, 100 GW from solar power

GN Bureau | March 12, 2018


#Energy   #Environment   #Economy   #Emmanuel Macron   #Narendra Modi   #Solar Energy  


Prime Minister Narendra Modi, along with French president Emmanuel Macron who is on a four-day visit to India, inaugurated the 75 MW solar power plant in Mirzapur, Uttar Pradesh, on Monday.

The largest solar power plant in Uttar Pradesh has been built in collaboration with French solar power giant Engie Solar under the International Solar Alliance (ISA) programme.

India’s stress on solar power as a source of clean and renewable energy, got a major boost in 2010 when the National Solar Mission was launched.

The Mission had set a target of deploying 20,000 MW of grid connected solar power by 2022. However, the Modi government revised the target of Grid Connected Solar Power Projects from 20,000 MW by 2021-22 to 100,000 MW by 2021-22 under the National Solar Mission and it was approved by cabinet on June 17, 2015.

India is making steady strides in achieving its initial target as according to the Ministry of New and Renewable Energy (MNRE). As on February 28, 2018, a grid connected solar capacity of 19.58 GW has been installed and the government is very close to achieving 20GW in 2017-18 itself of the the target set initially.

According to the Central Electricity Authority (CEA) there has been increase in percentage of renewable energy in the total energy mix from 5.56% in 2014-15 to 7.83% in 2017-18 (upto January 2018).

In the presence of the French president, Modi on March 11 announced one of the world’s largest investment plans in solar energy. Speaking at the at the founding conference of the International Solar Alliance (ISA), the PM highlighted India’s target to achieve 175 GW of renewable energy, out of which 100 GW would be solar energy. He noted that 20 GW of solar energy had already been achieved.

Modi laid out about ten action points including developing low cost solar energy, increasing scope of solar in energy mix, promoting solar energy based innovations and concessional financing for solar projects and announced the  $1.4 billion line of credit will cover 27 projects in 15 countries and will ne give a major push in the production of solar energy.

Comments

 

Other News

Maha Kumbh: A divine odyssey to the heart of Sanatan Dharma

“May the nectar of faith and devotion purify our souls as we gather under the celestial canopy of Maha Kumbh.” Amid the spiritual fervour, the Central Hospital in Maha Kumbh Nagar heralds a new chapter of hope and vitality. The birth of a baby girl, named ‘Ganga,&r

Maha Kumbh: A celebration of spiritual grandeur and cultural heritage

Prayagraj, the host of Maha Kumbh, is a city steeped in history and spirituality. The city`s significance as a pilgrimage site, aptly named `Tirtharaj` or the King of Pilgrimage Sites, is well documented in ancient texts and travelogues. Chinese traveller Xuanzang, who visited India in the 7th century, des

WEF 2025: India to highlight AI, sustainability and global partnerships

The 55th World Economic Forum (WEF) Annual Meeting, set to take place during January 20-24 in Davos-Klosters, Switzerland, is expected to shine a spotlight on India`s remarkable progress. From advancing AI and frontier technologies to expanding its renewable energy capacities and fostering global partnersh

In ‘The Other Mohan’, family history merges with larger history

The Other Mohan In Britain’s Indian Ocean Empire: A Personal Journey into History By Amrita Shah HarperCollins, 320 pages, Rs 699.00

Delhi goes to polls on Feb 5

The Election Commission of India on Tuesday announced the long-awaited schedule of the general elections to the legislative assembly of NCT of Delhi. The voting will take place on February 5 in all 70 constituencies and the counting will be held on February 8. The ECI also announced the bye

“HMPV no cause of concern, has been around since 2001”

Union health secretary Punya Salila Srivastava chaired a meeting with states/UTs in a virtual mode on Monday to review the present situation of respiratory illnesses in India and the status regarding the HMPV cases following media reports of surge in HMPV cases in China, and the public health measures for

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now



Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter