Energy transformation has arrived in India. According to the Ministry of New and Renewable Energy (MNRE), IndiaÂ’s total renewable capacity including solar, wind, biomass and small hydro grew by around 11.2 GW in FY2016-17, at par with thermal capacity addition, which registered a decline of 50 per cent in the year.
Tag: GBI
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Biomass power generation industry attracts investments of over Rs.600 crore´ every year´
Biomass-based power generation is renewable, widely available, carbon-neutral technology and has the potential to provide significant employment and income generation in the rural areas.
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We are planning to formulate a Renewable Energy Act
We are planning to formulate a Renewable Energy Act as currently, all the electricity activities come under the Electricity Act, 2003. The new Act will not only help in streamlining many aspects like power generation, supply and tariff, but will also assist in attracting investments.
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Powering India Green
Increasing energy demand, climatic change, government initiatives and abundant untapped natural resources have been the key drivers behind the country´s movement towards renewable energy.
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Wind energy capacity declines
Minister of New and Renewable Energy Dr Farooq Abdullah said that the capacity addition in the wind energy sector declined after the withdrawal of Accelerated Depreciation (AD) and Generation Based Incentive (GBI) from April 2012. In the approved 12th Plan document
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On the foothills of an uncertain year
One of the key challenges in infrastructure is facilitating the flow of projected but large amounts of capital into infrastructure. Current trends indicate that there might be a funding shortfall of over $300 billion,