The Indian Government has set an ambitious target to achieve 175 GW of renewable power, which includes 100 GWp of solar power by the year 2022. 175 GW of Renewable Energy(RE) power would roughly need around US$200 billion of investment, including funds for manufacturing and infrastructure. Direct investments required for power plants would be to the tune of US$150 billion. The Indian Government is contemplating a US$ 1 billion (Rs 6700 Crore) fund to finance RE projects.
The percentage share of RE in the Indian total power generation has increased from 4.97% in 2012-13 to about 5.7%, as on February 2016. The year 2015-2016 has been remarkable for RE development in India, which witnessed the highest ever solar and wind power capacity addition in a year of 3.01 GW in solar and 3.42 GW in wind power, while solar power capacity reaching 7.8 GWp by June, 2016.
Several steps have been taken by the Government of India to promote RE power such as the development of solar parks, ultra mega solar power projects and other schemes to promote RE.
Registration
Friday 30 September 2016 at 16:00 IST (10:30 GMT)
Participation in this webinar is open and free-of-charge: Register online.
