As the year draws to an end, EnergyInfraPost.com takes a close look at the year round initiatives and achievements of the Ministry of New and Renewable Energy.
Government has formulated an Integrated Energy Policy (IEP) document gives a roadmap to develop energy supply options and increased exploitation of renewable energy sources. In addition, for promotion of Renewable Energy, Government has amended the National Tariff Policy for electricity in January 2016. By this amendment several provisions for promotion of renewable energy have been made.
Piyush Goyal, Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines on December 1 shared details in the lower house of the Parliament of the plan to achieve 100 GW of solar capacity installation by 2022 under various schemes.
NTPC shall be setting up Solar Power projects of 50 MW capacity with Battery Energy Storage System at different locations in Port Blair in Andaman & Nicobar Islands as part of its Green Commitment.
India’s largest power company, NTPC Ltd has signed an memmorandum of understanding with the Union Territory Andaman and Nicobar to set up 50 MW Solar Power Projects with Battery Energy Storage System at Port Blair.
States Agree In Principle To Bring Hydro Power Projects Under Renewable Energy Fold, Proposal To Soon Go For Cabinet Approval
Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) have been asked to work out a mechanism in which the small hydro power projects (presently lying stressed and stalled in the country) can be resolved and identify those which are viable for being re-started.
Union Minister Piyush Goyal said that “by and large a consensus has been made with the states that hydro power should be declared as renewable power and a seperate renewable purchase obligation (RPO) for hydro should be set up. A new proposal will be worked out for the Cabinet with required amendments to India’s long term renewable energy goals.
Large potential of growth for bio-fuels in the country to grow from present Rs. 6500 crore to Rs. 1 lakh crore in the next 10 years.
The Minister of State (Independent Charge) for Petroleum & Natural Gas Dharmendra Pradhan along with the Minister of State (Independent Charge) for Power, Coal, Mines and RE, Piyush Goyal jointly addressed a gathering in the capital at the National Conference on the World Bio-Fuel Day.
Renewable Energy On A Rise in India: 33029.39 MU Wind Power & 7447.92 MU Solar Power Generated During 2015-16
A capacity addition target of 4000 MW and 12000 MW has been proposed for generation of electricity by wind and solar respectively during 2016-17 and a total of 315 MW have been installed under Solar Roof top Scheme. Power generated from these projects is being used for both domestic and captive use.
Govt Providing Cheap Funds To Domestic Banks from Multilateral and Bilateral Funding Agencies to Promote Solar Power Projects in India: Upendra Tripathy
Integrated solar manufacturing policy on the anvil to boost domestic manufacturing of raw materials for solar plants.
If India’s union minister for power, coal and RE, Piyush Goyal has his way, he plans to turn India into the world’s energy capital
An unfazed Goyal continued with his presentation, taking questions soon after he released the book titled “Ujjwal Bharat two years.”
With due focus on solar and wind projects, the percentage of Renewable Energy in India’s Total Power Generation has also seen a consistent increase from 4.97% in 2012-13 to about 5.7%, as on February, 2016, India’s Minister of State (IC) for Power, Coal & New and Renewable Energy Piyush Goyal told the Rajya Sabha on May […]