Sunday, October 2, 2022

In 9 months, India’s RE capacity has grown only by 7.82 GW

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New Delhi: Between January and September, India’s total Renewable Energy (RE) capacity has grown by a small 7.82 GW after having spent 52.09 percent of the total budgetary allocation for the ministry for the year 2019-20, data accessed from the Ministry of New and Renewable Energy (MNRE) has shown. At the start of the year 2019, India’s cumulative RE capacity stood at 74.76 GW in January and it has risen to 82.58 GW in September.

“An expenditure of Rs 2,737.14 crores has been incurred up to September 30, which is around 52.09 percent of the total budgetary allocation for the ministry for the year 2019-20,” the MNRE said in a report.

The news comes as the BJP government aims to push India’s total RE capacity to 175 GW by December 2022. And at the recently concluded United Nations Climate Action Summit in New York, Prime Minister Narendra Modi committed to increasing India’s RE capacity to 450 GW by 2030 as a part of a stronger climate action plan.

Status report for FY2019-20

According to the data, in the April-August period, India’s total RE capacity stood at 42.72 GW against a target of 118.02 GW for FY2019-20. India has so far managed to achieve around 36 percent of what the government is targeting to achieve in the current financial year.

With respect to wind power, the ministry has achieved a capacity of 1.30 GW between April-August, against a target of 3 GW for FY2019-20. Ground-mounted solar power has grown to 2.47 GW in the period against a target of 7.5 GW. Roof Top solar power, on the other hand, has reached a capacity of 0.44 MW against a target of 1 GW.

Small hydropower stands at 0.01765 GW against a target of 0.
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05 GW. Biomass capacity stands at 0.028 GW against a target of 0.25 GW. The waste-to-power generation capacity is a small 1.50 MW but it is also the closest to its target of 2.00 MW. The figures are for the five-month period and the targets are meant to be achieved by March 31, 2020.

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