Blitz Bureau
NEW DELHI: The Government on August 6 informed that the total installed capacity of solar photovoltaic (PV) power in the country stands at 85.47 gigawatt (GW) and wind power at 46.65 GW.
The Centre has undertaken several measures and initiatives to promote the development of renewable energy (RE), including solar and wind power. These measures directly or indirectly incentivise industries to increase the use of RE against the consumption of energy from conventional coal-thermal-based power, according to Shripad Naik, Minister of State for New and Renewable Energy.
Naik told the Rajya Sabha that the country aims to achieve 500 GW of installed electric capacity from non-fossil sources by 2030. Towards that goal, the Centre has permitted foreign direct investment (FDI) up to 100 per cent under the automatic route.
The Ministry of New and Renewable Energy has also waived Inter-State Transmission System (ISTS) charges for inter-state sale of solar and wind power for projects to be commissioned by June 30, 2025, for Green Hydrogen projects till December 2030 and for offshore wind projects till December 2032.
