Renewable Energy
Ministry of New and Renewable Energy
1. At COP26, the Hon’ble Prime Minister announced the establishment of a total capacity of 172.54 GW from renewable energy sources in the country, in line with the 500 GW target. This capacity includes 67.08 GW of solar power, 46.85 GW of large hydropower, 42.87 GW of wind power, 10.80 GW of bio-power, and 4.94 GW of small hydropower. This achievement constitutes 41.42% of the country’s total installed power generation capacity (416.59 GW) as of April 30, 2023.
2. India ranks 4th globally in installed capacity from renewable energy sources, including 4th position in wind power capacity and 5th position in solar power capacity.
3. The installed capacity of renewable energy in India has increased from 144.77 GW in July 2021 to 172.54 GW in April 2023. The solar power capacity has increased from 43.61 GW in July 2021 to 67.08 GW in April 2023, and the wind power capacity has increased from 39.49 GW in July 2021 to 42.87 GW in April 2023.
4. The renewable energy generation (including large hydro) has increased from 190.88 billion units (BU) in the year 2014-15 to 365.60 BU in the year 2022-23 (up to March 2023).
5. Since 2014, approximately $78 billion of investment (including $10.3 billion of FDI) has been made.
6. In Bidar district, the installed capacity for renewable energy (RE) that can be harnessed is 460 MW. From July 2021 to April 2023, the RE production has reached 1661 MU (Million Units).
7. Atmanirbar Bharat
a. Production Linked Incentive (PLI) scheme for higher efficiency solar PV modules is being implemented in two phases, with an investment of INR 24,000 crores. In Tranche-I, around 8,737 MW of production capacity is targeted to be operational by November/December 2024. In Tranche-II, the production capacity of 39,600 MW of solar PV modules will be operational between October 2024 and April 2026.
b. Make in India in the wind power sector.
8. National Green Hydrogen Mission.
On January 4, 2023, the Cabinet approved the National Green Hydrogen Mission with an initial outlay of 19,744 crores for the period from 2029-30. By 2030, the mission aims to achieve an annual green hydrogen production capacity of approximately 125 GW. The target is to produce a minimum of 5 million metric tons (MMT) of green hydrogen annually, which requires an investment of over 8 lakh crores and is expected to create over 6 lakh additional jobs.
9. PM-KUSUM: Prime Minister’s Kisan Urja Suraksha evam Utthaan Mahabhiyan
This plan has a total central budget allocation of Rs. 34,422 crore and aims to achieve an installed solar capacity of 30.80 GW by covering 32.61 lakh pumps by 30.04.2023, with a total of 2.19 lakh pumps already installed.
10. Rooftop Solar Program stage-II
As of 30th April 2023, a total of 8.4 GW of rooftop solar projects have been installed in the country. Under the Rooftop Solar Program Phase-II, the target is 4 GW for residential sectors, and already 3.4 GW capacity has been allocated to various states/UTs. Additionally, 1.9 GW has been installed.
11. Green Energy Corridor: GEC stage – I
1. Intra state Transition System (InSTS)
The total estimated cost of the plan is 10,141 crores. As of 30.04.2023, a total grant of approximately 2,536 crores has been provided to the states. As of 30.04.2023, 8877 ckm transmission lines and 20878 MVA substation capacity have been completed in Karnataka, Madhya Pradesh, Rajasthan, and Tamil Nadu, completing all the planned projects.
2. Inter-State Transmission System (ISTS).
A total of 3200 circuit kilometers of inter-state transmission lines and 17000 substations, along with the ISTS (Inter-State Transmission System) scheme, have been completed at a cost of Rs. 11,369 crores from 2015 to March 2020.
The Green Energy Corridor Phase-II intrastate transmission system (ISTS) scheme has been established at a total cost of Rs. 12,031.33 crores (with a central grant of Rs. 3,970.34 crores), with a total capacity of 27,500 mega-volt-amperes (MVA) and including 10,750 circuit kilometers (CKM) of transmission lines (AC/DC).