Union Minister of State for Power and New & Renewable Energy R K Singh Friday called the Budget 2019-20 “historic, people-friendly and forward-looking” as it provides assistance to all needy sectors while maintaining fiscal prudence.
India would fall short of the government’s target of achieving 175 GW of solar capacity by 2022, city-based think tank Centre for Science and Environment (CSE) said on Monday.
India’s total addition of new renewable energy generation capacity, including both solar and wind resources, is likely to grow by 50 per cent to 15,860 megawatt (Mw) in 2019 mainly on the back of improved tender activity.
India is planning to bid out 500 gigawatt (GW) of renewable energy generation capacity by 2028 to achieve its goal of 40 per cent electricity generation from non-fossil fuels by 2030, said Anand Kumar,
India has finalized bids for setting up wind power projects of over 8,000 Megawatt (MW) capacity through Solar Energy Corporation of India (SECI) and National Thermal Power Corporation Ltd (NTPC), power minister R K Singh said.
Ministry of new and renewable energy has asked state utilities to issue solar and wind energy tenders, instead of depending on central utilities for meeting their renewable energy needs.
The Ministry of New and Renewable Energy (MNRE) has extended the implementation timeline of distributed grid-connected solar power projects in Andaman & Nicobar, and Lakshadweep islands.
The government will go ahead with the reverse auction for its first solar and wind hybrid tender which will see the two bidders, Adani Green Energy and Softbank-backed SB Energy, competing for a cumulative capacity of 840 MW.
The Ministry of New and Renewable Energy has prepared a draft of the Indian Wind Turbine Certification Scheme (IWTCS). This scheme had been prepared in consultation with the National Institute of Wind Energy Chennai.
Chairperson of the Joint Electricity Regulatory Commission (JERC) M K Goel said the government is serious about promoting renewable energy. It is wrong to assume that JERC has vested interests in promoting thermal energy alone, he said.