India's Renewable Energy Progress: At 166.36 GW By November End, Installed Capacity Nears 2022 Target

by Swarajya Staff - Dec 22, 2022 03:09 PM +05:30 IST
India's Renewable Energy Progress: At 166.36 GW By November End, Installed Capacity Nears 2022 TargetA hybrid solar-wind plant. (Representative Image)

The government has informed the Parliament that a total of 166.36 GW of renewable energy capacity has been installed till November end in the country against the target of 175 GW by December 2022.

"Against the target of achieving 175 gigawatt (GW) of renewable energy installed capacity by 2022, a total of 166.36 GW of renewable energy capacity has been installed in the country as on 30 November," Union Minister of New and Renewable Energy R K Singh said in a written reply to a question in the Lok Sabha. on Thursday (22 December).

The RE capacity installed so far includes 61.97 GW solar power, 46.85 GW large hydro power, 41.89 GW wind power, 10.73 GW biopower and 4.92 small hydro power,

Further, a capacity of 76.37 GW is under various stages of implementation and a capacity of 37.16 GW is under various stages of bidding, the minister said.

In reply to a separate question, the minister informed that the government has taken several measures to promote renewable energy in the country, including setting up of ultra mega renewable energy parks, permitting Foreign Direct Investment (FDI) up to 100 percent under the automatic route in the sector, and declaration of trajectory for Renewable Purchase Obligation (RPO) up to the year 2029-30.

Furhter, schemes such as Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PMKUSUM), Solar Rooftop Phase II, 12,000 MW CPSU Scheme Phase II, etc have been launched to promote renewable energy development.

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