Union Minister Bhagwanth Khuba Appreciates India’s RE Transition during Anniversary of National Portal for Rooftop Solar
The Minister explained that one of the significant steps taken by the government is the launch of PLI schemes for renewable energy, aimed at promoting self-sufficiency and indigenous production in the energy sector.
July 31, 2023. By Anurima Mondal
Celebrated as the Renewable Energy Festival of India, the event highlighted the nation's commitment to achieving energy security and sustainability. Goa Chief Minister Dr Pramod Sawant and Minister of Power Sudin Dhavalikar were also present on this occasion.
Addressing the gathering, Bhagwanth Khuba emphasized government's unwavering dedication to providing energy and food security to all citizens. He noted that India's visionary target of achieving 175 GW of renewable energy (fossil fuel) by 2022, as declared at the COP 2015 conference, was accomplished even before the set deadline and that this remarkable achievement was recognized by the global community.
Building on this success, at the COP 26 conference, the Prime Minister unveiled India's ambitious new target of reaching 500 GW of renewable energy by 2030, with the ultimate aim of achieving net zero emissions by 2070, Minister Bhagwanth Khuba said. He added that India stands proudly as the only country to have realized the goal set at COP 15, but there is still much work ahead to attain the net zero target.
The Minister also highlighted the recent successful visits of the Prime Minister Narendra Modi to America and France, showcasing India's unwavering commitment to realizing its ambitious goals and dreams across all sectors.
He explained that one of the significant steps taken by the Government of India is the launch of Production Linked Incentive (PLI) schemes for renewable energy, aimed at promoting self-sufficiency and indigenous production in the energy sector. Under this scheme, a PLI of INR 1500 crore has been initiated, enabling the installation of 65 GW capacity through an investment of INR 19500 crore. By 2030, India aims to achieve a total of 500 GW, with 280 GW of it coming from solar energy.
In line with India's dedication to harnessing clean energy sources, the government is also implementing a PLI scheme of INR 17500 crore for the National Hydrogen Mission. Regulations are currently being formulated to support the hydrogen scheme, further propelling India's rapid advancement in the energy sector.
National Portal for Rooftop Solar was launched by Prime Minister Narendra Modi on July 30, 2022.
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