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.
May look a bit far fetched at this stage but if the 175 GW plans for adding RE by 2022 sees the light of the day, it may not be an impossible task either.
India is running the world’s largest renewable energy expansion programme with a target to increase overall renewable capacity by more than 5 times from 32,000 MW in 2014 to 1,75,000 MW in 2022.
By taking a leadership role in the International Solar Alliance of 121 countries and organising RE-Invest 2015, the world’s largest renewable financing meet, the government has also laid the foundations for massive growth in this sector.Ujwal Bharat Yojna to deliver 24×7 affordable power to every household & farmers. Click To Tweet
“The last two years have seen rapid progress towards Prime Minister Shri Narendra Modi’s vision of 24×7 affordable environment friendly ‘Power for All’ by 2022 – a mission we are working to achieve by 2019,” said Piyush Goyal on Friday.
India has become power surplus from chronic power shortage. Record capacity addition of around one-fifth of current conventional power capacity and solar power capacity addition of 157% in the last two years led to a boost in power generation.
The highest-ever increase in transmission lines and sub-stations improved the transmission scenario resulting in energy deficit falling to lowest ever of 2.1% in 2015-16.
The last two years have seen many records broken and many firsts. There is now a clear roadmap to achieve the vision of Ujwal Bharat – delivering 24×7 affordable power to every household and adequate power to farmers, in an environment friendly manner.
Currently, Writing a Book for Penguin India Titled Greased Pole:How Politics and Lobbying Stifled India’s Energy Dreams. The author can be reached on firstname.lastname@example.org (9810661825)
Latest posts by Anupama Airy (see all)
- Rating Unchanged But S&P Lauds India’s Reforms On Infrastructure, Bank Recapitalisation And GST – November 24, 2017
- Govt Spells Out Roadmap To Achieve 175 GW Renewable Energy Targets – November 24, 2017
- Piyush Goyal gets Cabinet Rank, New Responsibilities Await Him – September 3, 2017