India's installed clean energy capacity touched 70 GW: Government

According to Ministry of New and Renewable Energy (MNRE), India’s installed clean (renewable) energy capacity has already touched 70 Gigawatts (GW) and 38 GW is under implementation. This shows that India is progressing fast in areas of renewable energy and it is committed to meeting target of having 175 GW renewable energy (100GW Solar, 60 GW Wind, 10 GW Biomass and 5 GW Hydro) by 2022.

Key Facts

The 70 GW installed renewable energy capacity in country is double of capacity four year back. So far, around 56,000 solar power pumps were installed in FY 2017-18, which is highest ever in single year. The renewable energy capacity of 11,788 MW was s added during FY 2017-18, which was the highest ever in single year. MNRE has bid out 32,500 MW capacities in last fiscal, which is nearly 10 times capacity commissioned in 2013-14. It also has boasted about discovering lowest wind and solar power tariff of Rs 2.43 and Rs 2.44 per unit, respectively, in the last fiscal through tariff based competitive bidding. India also generated 100 billion units of electricity through renewables last fiscal, which is highest ever so far.

Month: Current Affairs - May, 2018