Skip to main content

India’s solar installations set to quadruple in two years

By

  • Solar installations in India are set to double this year and as well as next year also, says the Central Government.
  • According to the Ministry of New and Renewable Energy, India today has installed solar capacity of 4,262 MW, of which 518 MW were built in the current financial year. MNRE expects 4,345 MW of fresh capacity to come up in 2015-16 (including the 518 MW achieved so far.)
  • Further, going by the bids on the anvil, the government expects to add 10,859 MW in 2016-17 alone.
  • The numbers add up to close to 19,000 MW by March 2017 compared with the previous target of 20,000 MW by 2022.
  • The MNRE put out its estimates soon after Prime Minister Narendra Modi reviewed its progress across the country on September 30.
  • (The Prime Minister interacts directly with the Secretaries of Government of India and the Chief Secretaries of various States over video on the last Wednesday of each month, under the PRAGATI initiative. Solar was high on the agenda of September 30 discussion.)Tamil Nadu on top
  • The numbers put Tamil Nadu on the top of the list for 2015-17. The State is expected to see fresh solar power additions of 1,214 MW, closely followed by Telangana with 1,166 MW, Madhya Pradesh (432 MW) and Andhra Pradesh (350 MW). The leaders of today have little to show—Rajasthan has 50 MW against its name, while Gujarat is not there in the list at all.
  • While some in the industry – none of them was willing to be named – were doubtful of the numbers, the figures seem to be in agreement with the projections made by the Citigroup in its recent report, titled Energy Darwinism II. The report projected India to have solar installations of 26,523 MW by 2020.

Labels:

Comments

Post a Comment

Popular posts from this blog

India becomes first non-NPT signatory to ink landmark civil nuclear deal with Japan

By
India and Japan today signed the civil nuclear agreement during Prime Minister Narendra Modi's visit to Tokyo. A landmark deal for a cleaner, greener world! PM @narendramodi and PM @AbeShinzo witness exchange of the landmark Civil Nuclear Agreement The deal would allow Japan to export nuclear technology to India, making it the first non-NPT signatory to have such a deal with Tokyo Japan is a major player in the nuclear energy market and an atomic deal with it will make it easier for US-based nuclear plant makers Westinghouse Electric Corporation and GE Energy Inc to set up atomic plants in India Other nations who have signed civil nuclear deal with India include the US, Russia, South Korea, Mangolia, France, Namibia, Argentina, Canada, Kazakhstan and Australia. Source:- India becomes first non-NPT signatory to ink landmark civil nuclear deal with Japan
Post a Comment
Read more

Schemes by NDA government status.

By
Ujjwala Yojna :- Objective - The scheme is aimed at replacing the unclean cooking fuels mostly used in the rural India with the clean and more efficient LPG Target - 1.56 crore BPL families Achievement - 1 crore BPL families till date Rural Electrification :- Objective - Rural electrification is the process of bringing electrical power to rural and remote areas. Target - 18,452 villages Achievement - 10,829 villages electrified till date Jan Dhan Yojna Objective - Financial Inclusion to ensure access to financial services, namely Banking Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner. Achievement - 25.51 crore account opened till date Mudra Yojna Objective - (MUDRA) Bank is a new institution being set up by Government of India for development and refinancing activities relating to micro units.The purpose of MUDRA is to provide funding to the non corporate small business sector. Target- 5.75 crore Achievem...
Post a Comment
Read more

Modi govt launches single-form registration for new businesses

By
The move is aimed at reducing red tape in the incorporation of businesses, which currently require up to 8 forms. The Narendra Modi-led BJP government marked Labour Day by making it easier to incorporate a new business. Starting today, entrepreneurs need only fill out one form to start a business, down from the eight they had to submit until now. The new form, called INC-29, will allow make compliance and reporting easier website of the Ministry of Corporate Affairs. Name availability, allotment of Director Identification Number (DIN), company incorporation and commencement of business will now be possible through a single form. The move is in keeping with Modi’s public avowal to improve India’s global ease of doing business ranking. The red tape that businesses faces while registering themselves, including at least 8 different forms for various permissions has been a pet peeve of entrepreneurs. Currently, even for a single-person company, the forms required include separate ...
Post a Comment
Read more