Project awards to induce 11-12 Gw renewable energy addition in FY20


Project awards to induce 11-12 Gw renewable energy addition in FY20

The award of key projects by central nodal agencies and state distribution utilities in the calendar years (CY) 2017 and 2018 would spell 11-12 Gw (gigawatt) in fresh capacity additions for renewable energy (RE) sector in this financial year.

Buoyed by this anticipated capacity growth, the share of RE in pan-India generation is expected to rise to 10 per cent by FY20, ratings agency ICRA estimated.

“The share of RE-based generation in the overall generation mix at the all India level increased to 9.2 per cent in FY19 from 5.6 per cent in FY15. Read More

Leave a Reply

Your email address will not be published.