Open AccessRecapitulation of Renewable Energy Generation in India
Author(s) -
Suman Dahiya,
Priti Prabhakar
Publication year - 2019
Publication title -
international journal of research in informative science application and techniques
Language(s) - English
Resource type - Journals
ISSN - 2581-5814
DOI - 10.46828/ijrisat.v3i1.55
Subject(s) - renewable energy , feed in tariff , renewable energy credit , energy subsidies , business , government (linguistics) , electricity generation , natural resource economics , environmental economics , electricity , renewable resource , energy policy , economics , engineering , power (physics) , electrical engineering , linguistics , physics , philosophy , quantum mechanics
Renewable energy sources and technologies are the eco-friendly keys to the sustainable growth of a country. India has abundant supply of renewable resources. It has one of the leading programs in the world for deploying and developing renewable energy products and markets. An exclusive ministry, the Ministry of New and Renewable Energy (MNRE) launched as one of the world’s largest and ambitious programs on renewable energy developments in the year 1992. Since then, the government designed policies/schemes for conducive environment to furnish foreign investments and ramp up the renewable energy market at a rapid rate. India has an estimated potential of 900 GW for electricity generation from renewable energy (RE). The goal set by the government for capacity addition from REbased electricity generation is 175 GW by 2022. This paper is an attempt to provide an overview of India’s renewable power sector at a glance. Efforts have been made to highlight the current status, major achievements, ongoing and future plans of renewable expansions in the country.