Raj Kumar Singh, Minister of State(MoS)(IC) Power and New & Renewable Energy stated that India will have around 60% of the installed capacity of the electricity generation from renewable resources by 2030, in the webinar on Energy Transition at the second pre-event hosted by The World Sustainable Development Summit (WSDS) 2021 in collaboration with Energy Transitions Commission (ETC) India on 21st July 2020.
Gist of the Webinar:
i.Prime Minister Modi announced that India will increase the renewable energy target to 450 GW by 2030 from 175 GW by 2022, in the United Nations(UN) Climate Action Summit held in September 2019.
ii.R K Singh highlighted the progress of India on clean energy and stated that including the projects under development and hydroelectric power the clean energy capacity of India is around 190 GW which is higher than the targeted 175 GW by 2022.
iii.By 2030, the renewable energy capacity of India would reach 510 GW with around 450 GW of power generation capacity from renewable sources like solar and wind and 60 GW from Hydroelectric power.
Reports launched in the Webinar:
During the webinar R K Singh launched two reports titled ‘Renewable Power Pathways: Modelling the Integration of Wind and Solar in India by 2030’ and ‘Bending the Curve: 2025 Forecasts for Electricity Demand by Sector and State in the Light of the COVID Epidemic’ prepared by the Energy Transitions Commission (ETC) India.
ETC India is a research platform based at the headquarters of TERI – The Energy and Resources Institute, New Delhi.
About Ministry of Power and Ministry of New & Renewable Energy(MNRE):
Minister of state (IC)– Raj Kumar Singh
About TERI – The Energy and Resources Institute:
Director General– Dr Ajay Mathur
Headquarters– New Delhi
Recent Related News:
i.R. K. Singh launches Pan-India Real Time Market in electricity.
ii.MNRE Sets Up Project Development Cell Under Amitesh Kumar Sinha for Investment in Green Energy Sector.