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India targets 450 GW renewable energy by 2030, says President Kovind

PTI
Updated: January 31st, 2020, 15:19 IST
in Business
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New Delhi: India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 and also provide 17 lakh solar pumps to farmers under Pradhan Mantri-Kusum Yojana in coming days to capitalise on this clean resource, President Ram Nath Kovind said Friday.

The country is already working on the target of having 175 GW of renewable energy by 2022 which includes 100 GW of solar and 60 GW of wind energy.

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As of December 2019, 86 GW of renewable energy capacity has already been achieved. This includes 34 GW of solar and 38 GW of wind energy. Besides, around 36 GW of clean energy is under installation and about 35 GW is underbidding stage.

Addressing a joint sitting of both Houses of Parliament, Kovind said: “Keeping environment conservation in mind, my Government has enhanced the target for producing renewable energy to 450 gigawatts (GW). Under the Pradhan Mantri-Kusum Yojana, it has been targeted to provide more than 17 lakh solar pumps to farmers across the country.”

He noted that under the second phase of the solar rooftop programme, the target is to generate 38 GW of electricity.

In September last year, Prime Minister Narendra Modi had announced doubling India’s non-fossil fuel target to 450 GW at Climate Action Summit at UN headquarters.

Kovind also told the members that after International Solar Alliance (ISA), India has been at the forefront of a global partnership.

The ISA was set up under the aegis of India. It was created to provide a dedicated platform for cooperation among solar resource-rich countries.

As many as 85 countries have signed the ISA framework agreement. A total 64 nations have ratified it.

(PTI)

Tags: Pradhan Mantri-Kusum YojanaRam Nath Kovindrenewable energy
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