India's Total Power Generation Capacity has reached 2,10,544 MW, says the Minister of
New and Renewable Energy, Dr Farooq Abdulla.
New and Renewable Energy, Dr Farooq Abdulla.
This info was shared by the Minister during today's Lokh Sabha session. The Cheer full part of the equation is that, India's Renewable Energy installed contribution has increased to 26,267 MW or 12.45% of the total installed Capacity.
He also added that India's Twelfth Five
Year plan period has a target of installing 30 GW of Grid Tied Renewable power capacity
addition, comprising 15 GW from wind, 10 GW from solar, 2 GW from
small hydro and 3 GW from biomass.
To increase Renewable Energy installations Indian Government has devised the following plans:
• Fiscal and financial incentives, such as, capital/ interest subsidy, accelerated depreciation, concessional excise and customs duties;
• Preferential tariff for grid tied renewable power in states with the highest Renewable Energy Potential.
• An RPO for distribution companies from renewable Power Decvelopers.
• Guidelines by CERC to SERCs for fixation of preferential tariffs.
To increase Renewable Energy installations Indian Government has devised the following plans:
• Fiscal and financial incentives, such as, capital/ interest subsidy, accelerated depreciation, concessional excise and customs duties;
• Preferential tariff for grid tied renewable power in states with the highest Renewable Energy Potential.
• An RPO for distribution companies from renewable Power Decvelopers.
• Guidelines by CERC to SERCs for fixation of preferential tariffs.
• JNNSM Phase 2(link)
Article Written by Rahul R Prabhu
For More Details Contact: rprabhu@renewindians.com
