Enthused by drop in renewable energy tariff, Power Minister Piyush Goyal today said India’s 60-65 per cent of installed power generation capacity will be green energy.
Mr Goyal informed the Parliament in a written reply that NTPC Ltd. has raised Rs 2,000 crore through issuance of green masala bonds in overseas market under its USD 4 billion medium term note programme.
India’s largest power generation company, National Thermal Power Corporation (NTPC) Limited plans to achieve 32 GW installed capacity through renewable energy resources by 2032, Union Minister of State (IC) for Power, Coal, Mines New & Renewable Energy and Mines, Piyush Goyal told the Lok Sabha on Thursday.
The trend of fall in import of coal has continued in 2016-17 wherein for the period April 2016-January 2017, coal imports have reduced by 2.59% as compared to the corresponding period of the previous year.
On the back of increased domestic production, India’s coal imports have fallen from 217.78 Mte in 2014-15 to 199.88 Mte in 2015-16.
The district is fast emerging as a solar energy hub. As per the clearance given by UPNEDA (Uttar Pradesh New and Renewable Energy Agency), different institutions of the district have been picked up for installation of solar panels.
India’s largest power generation company, NTPC Ltd. has paid an interim dividend of Rs. 2,152.07 crore, being 26.10% of the paid-up equity share capital of the Company for Financial Year 2016-17
The renewable energy is the new topic of the town. The increasing demand for a cost-effective, clean, and sustainable energy along with the rising concern related to the climate change had a major impact not only on India but also all over the world.
Solar power, along with onshore and offshore wind, is one of the most mature and promising renewable energy sources available.
Pashupathy Shankar Gopalan, who used to head the Indian operations of the renewable energy company, SunEdison, till the company collapsed in April last year, has now formed a new company.
Union Minister of State (I/C) for Coal, Power, New & Renewable Energy and Mines, Piyush Goyal, said in Lok Sabha today that the total coal imports have been consistently reducing over the last three years.
Shares of Adani Enterprises witnessed a jump of 4% in Tuesday’s trading session as the company applied for funds from Northern Australian Infrastructure Facility (NAIF).