India has 275 GW of installed electricity generating capacity which is significantly higher than 140 GW of peak demand of electricity across the country. The energy generated through coal alone is higher than its peak demand. Despite the installed capacity exceeding power demand, some parts of the country face acute power shortages and more than 300 million people in India are still without access to power.
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German firms to help Punjab renewable energy sector
Punjab and Germany are all set to join hands to create a ´Renewable Energy Equipment Hub´ in the state to harness the huge potential available in rooftop solar and biomass power.