THE MINISTER OF STATE FOR POWER, COAL & NEW AND RENEWABLE ENERGY (INDEPENDENT CHARGE) (SHRI PIYUSH GOYAL)
(a): A potential of about 2,45,000 MW power generation has been estimated from various renewable energy sources in the country. This includes over 1,00,000 MW each from Wind and Solar Energy, 20,000 MW from Small Hydro Power and balance 25,000 MW from Bio-energy sources.
(b): The Ministry is implementing various schemes/programmes, throughout the country, for the development and harnessing the potential of new and renewable energy sources. Details of these schemes/programmes are given at Annexure-I.
(c): The details of targets and achievements made from various renewable energy sources during the last three years are as follows:
Year Target Achievement 2011-12 3435 4942.59 2012-13 4125 3163.35 2013-14 4325 3618.79 TOTAL 11885 11724.73
State-wise targets for the power generation from renewables are not fixed. Source-wise, year-wise and state-wise achievements made during the last three years are given at Annexure-II.
(d): The details of the central financial assistance/subsidy being provided for power generation from renewable energy sources are given at Annexure-III. The Government is also providing various fiscal incentive such as generation based incentives, accelerated depreciation, concessional excise and customs duties for the promotion of renewable energy sources in the country.
(e): Besides providing financial and fiscal incentives, a few other measures to promote renewable energy include: setting up of demonstration projects, preferential tariff for purchase of power generated from renewable sources, intensive resource assessment, development of power evacuation and testing facilities, introduction of Renewable Energy Certification and Renewable Purchase Obligation, etc. Indian Renewable Energy Development Agency, a Central Public Sector Enterprise under this Ministry, also provides soft term loan for promotion of renewable energy projects.
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