(ET)
India has declared the trajectory of bidding 60 gigawatt (GW) capacity of solar energy and 20 GW capacity of wind energy by March 2020, leaving two years time for execution of projects, Ministry of New and Renewable Energy (MNRE) said today. A total of about 73.35 GW renewable energy capacity has been installed in the country as of October, 2018, from all renewable energy sources. This includes about 34.98 GW from wind, 24.33 GW from solar, 4.5 GW from small hydro power, and 9.54 GW from bio-power. Further, projects worth 46.75 GW capacity have been bid out under installation.
According to the Paris accord on climate change, India had pledged that by 2030 40 per cent of installed power generation capacity shall be based on clean sources. And determined that 175 GW of renewable energy capacity to be installed by 2022. This includes 100 GW from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro power. India has fifth global position for overall installed renewable energy capacity, fourth position for wind power and fifth position for solar power.
