India to achieve 50 pc clean energy share, 500 GW of RE capacity target before 2030 deadline: Power Minister RK Singh

Prime Minister Narendra Modi raised the Nationally Determined Contribution (NDC) target of non-fossil energy capacity from 450 GW to 500 GW by 2030.

Energy and New and Renewable Energy Minister RK said that India can easily achieve 50% share of energy from non-fossil fuels and 500-gigawatt (GW) of renewable energy capacity before the 2030 deadline set by Prime Minister Narendra Modi. Will take Lion.

This assumes significance in view of Prime Minister Narendra Modi’s pledge at the COP26 climate conference in Glasgow that India will achieve net zero carbon emissions by 2070.

Shri Modi also raised the Nationally Determined Contribution (NDC) target of non-fossil energy capacity from 450 GW to 500 GW by 2030.

talking PTIMr. Singh said, “We are working hard towards the Prime Minister’s target of 500 GW from renewable energy by 2030. We had said we would do 40%. [energy from non-fossil fuel] By 2030 we have reached 39%. We will easily achieve the 50% target by 2030. The Prime Minister has given a target by 2030, we will achieve that before.” He said that the Prime Minister has increased the Renewable Energy (RE) target from 50 GW to 500 GW by 2030.

“We’ll get it. It’s not a lot, a tall order. Where am I? I’m already at 200 GW. [of RE].

“I have installed 149 GW of RE capacity” [including large hydro projects]. I have 63 GW RE capacity under construction. So, I’m already at 212 GW. So, moving forward 300 GW by 2030 or in a decade, I don’t think it is difficult,” he said.

Regarding the mix of different sources in the renewable energy target, India will have around 450 GW from solar and wind, while 70-100 GW from hydroelectric plants.

The minister said, “We have RPO” [renewable purchase obligation] till 2022. Now, we will bring RPO by 2030 keeping in mind the 500 GW RE target. We are thinking that 70 GW to 100 GW will be from hydro and 450 GW will be from solar and wind [under new RPO till 2030]Under the renewable purchase obligation, consumers such as discoms are mandated to purchase a certain proportion of the electricity generated from clean energy sources such as solar and wind.

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