The government will come out with a single bid for setting up 25 GW of solar capacity in Ladakh, Power Minister RK Singh said today, and asserted that renewable energy is a must for sustainable development.
He also said that India will achieve the target of having 175 GW of renewable energy before 2022. “I am going to come out with the huge bid in Ladakh which is highest solar potential area. I have got a survey done,” he said.
“We have potential of 35 GW in Ladakh. So we will come out with single bid of 25 GW with storage and deliverable at Una,” Singh said at CII’s Government and Business Partnership Conclave here.
He further said that the government will come out with renewable bids with storage component. “We have come out with 10GW solar bid with manufacturing component. We will come out with more such bids to make sure that manufacturing comes to India.”
About 16 GW of renenwables are at various stages of development and about 28 GW has been bid out. “It comes to 116 GW. We will achieve our target of having 175 GW before 2022. Renewable Energy is the future. It is our responsibility to the planet.” Read More
Latest posts by Business-Standard.com (see all)
- Amid global push for EVs, India quietly beats retreat on electric plan - December 15, 2018
- Replace all existing bulbs in govt buildings with LED lights by Dec 31: CPWD to officials - December 15, 2018
- High LPG refill cost choking Ujjwala scheme: Odisha - December 14, 2018