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27-Nov2017

India will comfortably achieve 200 GW renewable energy capacity by 2022: R.K Singh

Union Minister for New and Renewable Energy R.K Singh has expressed his confidence that India will comfortably achieve 200 Gigawatt (GW) of renewable energy (RE) capacity by the year 2022, as against the targeted 175 GW. Buoyed by the success of reverse auction of renewables, he unveiled plan to auction up to 21 GW solar and wind capacity by March 2018. He also informed that 10 GW will be bid out each fiscal in 2018-19 and 10 GW in 2019-20, leaving a margin of 2 years for commissioning of projects.

Besides, the minister pointed to the industry's long pending demand to declare the government's renewable energy roadmap. He said that the government intends to speed up renewable energy capacity installation in the country and strengthen the RE manufacturing base in India. Adding further, he indicated that the Ministry of New & Renewable Energy (MNRE) is working out the scheme and will soon issue an Expression of Interest (EoI) to the industry for establishing domestic capacity of 20 GW, which will also meet Make in India goals. He also noted that MNRE is exploring innovative ways to achieve additional installed RE capacity through floating solar power plants (FSPP) over dams, offshore wind energy systems (OWES) and hybrid solar-wind power systems (HSWPS), which may provide over 10GW additional capacity. He added that the MNRE team of experts has already surveyed the Bhakra Nangal dam for floating solar power plants and off-shore Gujarat and Tamil Nadu for wind power plants.

Talking on the issues in Power Purchase Agreements (PPAs), the minister has pointed out that the sanctity of the PPAs have to be ensured and they would have to be mandatorily honoured. He said that the ministry is in constant discussions with state governments, including Andhra Pradesh and Karnataka, to ensure that. He also spoke of the need to strictly adhere to the renewable power purchase obligations (RPOs) in order to ensure success of the programme.


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