2,45,000 MW generation estimated from different renewable energy sources in India

A potential of about 2,45,000 MW has been estimated from different renewable energy sources which include over 1,00,000 MW each from Wind & Solar Energy, 20,000 MW from Small Hydro Power (SHP) and balance 25,000 MW from different Bio-energy sources. Assessment of renewable energy potential is an on-going exercise. The total installed capacity of power generation in the country is 2,30,600 MW. This includes 29,537 MW from renewable energy sources and corresponds to 12.8% of the total power generation capacity.

The Renewable Energy based power projects are mostly set up by the private sector. The Government only provides some fiscal and financial incentives to set up such projects.

A capacity addition of 11,262 MW, against a target of 10,522 MW, has been achieved from various renewable energy sources during the last 3 years. During 2013-14, a capacity addition of 1468 MW has been achieved till 31.10.2013 against the target of 4325 MW. Source-wise physical and financial targets and achievements are given below:

A.  Source-wise targets and achievements of power generation during last 3 years and current year (till 31.10.2013)

(Targets and achievements in MW)

B. Programme-wise Outlay and Expenditure for power generation programmes during last 3 years and current year (till 31.10.2013)

                  (Rupees in crores)

Proposals are received from project developers for sanction of the eligible Central Financial Assistance (CFA) under various schemes and programmes of the Ministry. Such proposals are received on a regular basis and those found complete in all respects as per guidelines, are approved for sanction and disbursement of eligible CFA, subject to availability of funds.