India achieves 12.95% of renewable energy potential

[Chanakya's_Chant]

India achieves 12.95% of renewable energy potential
The total installed capacity of renewable energy has touched 32,269.6 Mw as of March 2014​

The installed capacity of renewable energy has touched 32,269.6 Mw or 12.95% of the total potential available in the country, as on March 31, 2014. With this, the renewable energy, including large hydro electricity, constitutes 28.8% of the overall installed capacity in India.

According to the India Renewable Energy Status Report 2014released at the ongoing Green Summit 2014 in Bangalore on Thursday, the total renewable energy potential from various sources in India is 2,49,188 Mw. The untapped market potential for overall renewable energy in India is 2,16,918.39 Mw that shows huge growth potential for renewable energy in India.

The Ministry of New & Renewable Energy (MNRE), Government of India has set a target of achieving overall renewable energy installed capacity of 41,400 Mw by 2017. This creates an opportunity worth $10.51 billion for the renewable market in India till 2017.

India has the world's fifth-largest electricity generation capacity, which currently stands at 243 Gw. The power sector in India is highly diverse with varied commercial sources for power generation like coal, natural gas, hydro, oil and nuclear as well as unconventional sources of energy like solar, wind, bio-gas and agriculture. The demand for power has been growing at a rapid rate and overtaken the supply, leading to power shortages in spite of manifold growth in power generation over the years, the Report said.

Focused efforts are going to bridge this demand-supply gap by way of policy reforms, participation from private sector and development of the Ultra Mega Power Projects (UMPP).

"The power sector offers tremendous opportunities for investing companies due to the huge size of the market, growth potential and returns available on capital. Industrialisation, urbanisation, population growth, economic growth, improvement in per capita consumption of electricity, depletion of coal reserve, increasing import of coal, crude oil and other energy sources and the rising concern over climate change have put India in a critical position," the Report said.

The government has to take a tough stance between balancing economic development and environmental sustainability. One of the primary challenges for India would be to alter its existing energy mix, which is dominated by coal, to a larger share of cleaner and sustainable sources of energy, the Report said.

Source:- India achieves 12.95% of renewable energy potential | Business Standard

 

[Mr.S.Singh]

with modi at helm of matters and his love for solar energy... this data will increase

 

[The Archnazi]

modi modi modi modi modi............................

 

[Eve Teaser]

namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo yuss modi modi, yo dis guy is master of everything

namo namo namo namo

namo is today , , namo is tomorrow , namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo

 

[Chanakya's_Chant]

modi modi modi modi modi............................

namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo yuss modi modi, yo dis guy is master of everything

namo namo namo namo

namo is today , , namo is tomorrow , namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo namo

Okk guys it's really nice to see your enthusiasm but as a matter of fact this report compiles figures on the installed capacity of renewable energy to the total potential available in the country, as on March 31, 2014 that is under the UPA regime - nothing to do with Modi as such!

Anyways I have a hell lot better expectations from our Prime Minister and I am sure under his leadership we will achieve our 5 year plan targets in renewable energy sector!

 

[sancho]

Okk guys it's really nice to see your enthusiasm but as a matter of fact this report compiles figures on the installed capacity of renewable energy to the total potential available in the country, as on March 31, 2014 that is under the UPA regime - nothing to do with Modi as such!

Exactly, but people are too blind or simply can't stand it, that UPA actually did at least some things pretty good and obviously they will never give them the credit for it. Rupee strengthening, inflation reducing, growth increasing, now this, all based on decisions or policies that were put in place by the UPA and not, by some magic that the BJP might had done in the last 2 weeks, that they are in power.

Btw, at the same time that this level of green energy is good for the country, there are many issues that were caused by the environment ministry, that were the main cause for several industrial projects being on hold or delayed. BJP is likely to remove these hurdles, so most likely might be reducing the aim on environment for the sake of more growth and pushing industrial projects. With that in mind, it will be interesting to see, how far green energy will be pushed during the next 5 years.