Power News We love to talk!

APR 29 2015

Renewable energy projects of 4,000 MW set up in FY-15

  • Economic Times, ET Bureau / Hyderabad
  • Created: Wed 29th APR 2015

More than 4,000 MW of grid-connected renewable energy power projects were set up in 2014-15, beating the targets by 8.5 per cent. At the end of March 2015, India had 35,777 MW of renewable energy capacity.

The highlight of the year was the addition in solar capacity, which stood at a record 1,112 MW, compared with the 948 MW achieved in 2013-14 and slightly higher than the target of 1,100 MW.

A comparison of installations figures at the end of December 2014 and March 2015 shows that 979 MW of wind and 681 MW of solar capacities were added in the January-March quarter of 2014-15. These work out to 42 per cent and 61 per cent, respectively, of the total wind and solar capacities installed in 2014-15.

The outlook for renewable energy appears to be bright. Wind industry expects 3,000 MW of capacity addition in the current year. The Chairman of the Indian Wind Turbine Manufacturers’ Association, Madhusudhan Khemka, says the industry missed about 400 MW of orders last year due to delays in signing power purchase agreements in some states. These orders will happen in the current year.

Solar installations are also expected to touch the 3,000-MW mark in the current year.



TOTAL Grid Renewable Energy Wind Turbine Wind Energy Capacity Addition Power India Solar

Related News

  • Delhi HC issues notice to Centre on deallocation of R-Power blocks  Read more
  • Siemens-Gamesa wind energy merger to help Siemens get stronghold in Indian wind market  Read more
  • Govt to form secy-level panel to find Oil India head  Read more
  • Coal has solved Indias energy problems, but at great cost, says report  Read more
  • Haryana executing solar power-run micro irrigation project under PMKSY  Read more
  • Rs 1 lakh crore investment in solar power, green corridor on government's energy radar for 2017  Read more
  • Rajasthan electricity board to pay minimum interest to lenders  Read more
  • Navabharat Power in Coalgate charge sheet for fraudulent claims  Read more
  • TN to ink pact for 2,000 Mw solar power  Read more
  • Government to hold directors of state-run oil companies answerable for accidents  Read more