Renewable Energy
India aims to achieve 500 GW of renewable energy capacity
India aims to achieve 500 GW of renewable energy capacity
India aims to reduce 1 BT of carbon by 2030 and achieve net-zero by 2070 As a medium-term target, India has set to add 500 GW of renewable energy to its energy basket by 2030. This will include 280 GW of solar energy, 140 GW of wind energy, and 10 GW of biomass energy.Carbon credits
only 41% of projects awarded by SECI during fiscals 2018-21 got commissioned till December 2022. 23% were cancelled and the balance was delayed on account of issues in land acquisition, and evacuation and supply-side constraints.
Industry bodies are drafting wishlist for Union Finance Minister’s consideration.
Renewable Energy Turbocharged