170 GW of renewable energy capacity either operational or under development: R K Singh

By: |
March 25, 2021 6:23 PM

Further, a capacity of 50.15 GW is under various stages of under-implementation, and a capacity of 27.02 GW is under various stages of bidding.

"Therefore, a total of 170.14 GW capacity has either been installed or under various stages of implementations/bidding," Power and New & Renewable Energy Minister R K Singh said in a written reply to a query in the Lok Sabha."Therefore, a total of 170.14 GW capacity has either been installed or under various stages of implementations/bidding," Power and New & Renewable Energy Minister R K Singh said in a written reply to a query in the Lok Sabha.

As much as 170.14 gigawatts (GW) of renewable energy capacity, excluding large hydropower units, has either been installed or under various stages of development or bidding at February-end this year, Parliament was informed on Thursday.

The statement assumes significance in view of India’s ambitious target of having 175 GW installed renewable energy capacity by December 2022.

“A total of 92.97 GW renewable energy capacity (excluding large hydro) has been cumulatively installed in the country as on February 28, 2021.

Further, a capacity of 50.15 GW is under various stages of under-implementation, and a capacity of 27.02 GW is under various stages of bidding.

“Therefore, a total of 170.14 GW capacity has either been installed or under various stages of implementations/bidding,” Power and New & Renewable Energy Minister R K Singh said in a written reply to a query in the Lok Sabha.

The minister told the House that the government has set a target of achieving 175 GW installed renewable energy capacity (excluding large hydro) by December 2022.

In another reply to the House, the minister said, “The installed capacity of solar power has reached 39,083.67 MW at the end of February 2021, which is about 15 times of the capacity of 2,632 MW at the end of 2013-14.”

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Banned since 2019 crash, foreign-registered Boeing 737Max allowed to overfly India with DGCA nod
2Nestle profit rises 14.6% to Rs 602.25 cr in Jan-Mar, sales up 8.9% to Rs 3,600 cr
3Apple Store goes down ahead of ‘Spring Loaded’ iPad Pro event: How to watch live, other details