Question : Share of IREDA in NRE Capacity

(a) whether Indian Renewable Energy Development Agency’s (IREDA) share in the country’s total commissioned New and Renewable Energy (NRE) capacity was 52.8% at the beginning of 10th Five Year Plan which declined to 7.66% at the end of the 11th Five Year Plan;
(b) if so, the details thereof; and
(c) the action taken thereon by IREDA?

Answer given by the minister

THE MINISTER OF STATE FOR POWER, COAL & NEW AND RENEWABLE ENERGY (INDEPENDENT CHARGE) (SHRI PIYUSH GOYAL)

(a): No, Madam. The share of Indian Renewable Energy Development Agency (IREDA) in the country’s total commissioned New and Renewable Energy (NRE) capacity was 25% at the beginning of 10th plan and was 12% at the end of 11th Five Year Plan. However, IREDA’s disbursements for renewable have increased at a Compounded Annual Growth Rate (CAGR) of 35.29% during the 11th Five Year Plan period as against CAGR of 4.4% during the 10th Five Year Plan period.

(b)&(c): Does not arise.
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