Big Announcement India Renewable Energy Target 450GW | JOBS | Business | Opportunity

Big Announcement India Renewable Energy Target 450GW | JOBS | Business | Opportunity

2021-07-29T08:08:53+00:00July 29th, 2021|Water Energy|



#175GW #SolarMarket #SEDnews

overnment of India had set a target of 1,75,000 MW installed capacity from renewable sources by the year 2022 which includes 1,00,000 MW from Solar, 60,000 MW from Wind, 10,000 MW from Biomass and 5000 MW from Small Hydro.

India is well in its way to achieving, and surpassing its nationally determined contribution (NDC) target which was 40% capacity by non fossil-fuel sources by 2030. This information was given by Union Minister for Power and New and Renewable Energy, Shri R.K. Singh in a written reply in Rajya Sabha.

Further, to promote the renewable energy sources, the following steps have been taken:

Waiver of inter-State transmission charges on transmission of the electricity generated from the solar and wind sources, for projects to be commissioned upto 30th June 2025.
Green energy corridors have been developed to evacuate power from the Renewable Energy Sources.
Renewable Purchase Obligation Trajectory has been notified with the objective of creating renewable power capacity of 175 GW by year 2022.

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