Installed Renewable Energy Capacity in India now at 84.39 GW: MNRE

By Ayush Verma/ Updated On Thu, Jan 2nd, 2020

The installed renewable energy capacity in India had crossed 84 GW mark by the end of November 2019, as per fresh data released by MNRE.

Installed Renewable Energy India

The installed and operational renewable energy (RE) capacity in India had crossed 84 gigawatts (GW) mark by the end of November 2019, fresh data released by the Ministry of New and Renewable Energy (MNRE) has revealed.

The government has set the goal of installing 175 GW of renewable energy capacity by 2022, which includes 100 GW of solar energy, 60 GW of wind power, 10 GW of biomass and 5 GW of small hydroelectric projects.

“A total of 6083.48 MW of renewable energy capacity has been added during the year 2019-2020, taking the cumulative installed RE capacity to 84.39 GW as on November 2019,” said the monthly report released by MNRE.

The installed RE capacity of 84.39 GW includes 37.28 GW from wind energy, 32.52 GW from solar, 9.94 GW from bio-power and 4.65 GW from small hydro plants. At present 31.68 GW capacity projects are at various stages of implementation and 18.68 GW capacity projects are under various stages of bidding.

In November, the minister for power and renewable energy R K Singh had informed the parliament in a written reply to a question that an aggregate capacity of 83.38 GW of renewable energy has been installed in India, of which 31.69 GW came from solar, 37.09 GW from wind, 9.95 GW from biomass and 4.65 GW from small hydro. The gain of over 1 GW between the end of October and November was largely met by the commissioning of solar and wind energy plants.

The ministry has so far spent around 53 percent or Rs 2,788.44 crore of its total budget allocation for the current financial year.

More recently, Singh had informed the parliament that the government has estimated an investment of about Rs 4 lakh crore over the course of the next three years to meet the country’s 175 gigawatts (GW) renewable energy target by 2022. The minister added that most of the grid-connected RE projects in the country are being implemented by private sector developers selected through a transparent bidding process.