According to the Indian renewable ministry official, the country is expected to reach its 260 Gigawatts’ target of renewable energy-producing capacity by 2024. The target is expected to be met because of support pouring in from the government through its initiatives, investment endeavours and even privatised equity.
In these last five years, India’s renewable energy-generating capacity increased by around 150 per cent to about 77.6 Gigawatts. The Indian government, taking a cue from this rise, had set a target of the renewable energy-generating capacity of 175 Gigawatts by 2022.
In addition, the Indian government is also drafting a policy to have a capacity of 30 Gigawatts to produce solar cells in the country. In 2018, RK Singh, the then Indian power minister had said that India’s renewable energy-generating capacity could improve to 225 Gigawatts by 2022, overstepping its initially laid-out benchmark figure by 50 Gigawatts. Read More
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