Renewable-Energy

RENEWABLE ENERGY SECTOR: INDIA SCENARIORenewable energy is becoming an increasingly important element of India’s national energy mix• As per the Ministry of New and Renewable Energy (MNRE), India’s total renewable potential is ~245 GW, however the currentinstalled capacity is only 28 GW• Wind energy dominates India’s renewable energy sector. As on 31 st March, 2013 wind accounts for ~68 percent (i.e. 19.05 GW) ofIndia’s total renewable installed capacity• To boost the growth of renewable energy in India, Government of India and many state governments have incentivized theinstallation of renewable energy through various policies and fiscal measures• By 2050, 69 percent of the country’s energy generation will be from renewable energy (Greenpeace vision)Break-up of installed power generation capacityInstalled capacity of renewable energy in India58.30%12.80%6%0.30%Windsmall hydro9%0.50%17.70%2.10%12.30%12.90%67.90%BiomassSolarOthersCoal Renewable Hydro Nuclear Oil GasSource: Ministry of Power, Government of India;Ministry of New and Renewable Energy, Government of India