Renewable energy capacities at 42.8 GW pip hydro generation

June 10, 2016 11:23 pm | Updated December 04, 2021 11:01 pm IST - NEW DELHI:

PALAKKAD, KERALA, 02/09/2015: Windmills dotting Attappady landscape turn a major source of non conventional energy. A wind farm located at Sholayur, Attappady in Palakkad. Attappady is emerging as non conventional energy hub of Kerala with KSEB planning to establish a major wind farm with 600 mega watt capacity. There are 32 existing wind mills in the area. A solar power plant with tribal participation was inaugurated only two days ago.
Photo: K. K. Mustafah

PALAKKAD, KERALA, 02/09/2015: Windmills dotting Attappady landscape turn a major source of non conventional energy. A wind farm located at Sholayur, Attappady in Palakkad. Attappady is emerging as non conventional energy hub of Kerala with KSEB planning to establish a major wind farm with 600 mega watt capacity. There are 32 existing wind mills in the area. A solar power plant with tribal participation was inaugurated only two days ago. Photo: K. K. Mustafah

Helped by policy initiatives and early stage private investments in solar and wind power, the renewable energy sector has for the first time surpassed hydro power generation.

According to the Central Electricity Authority data, the total capacity of renewable energy sector increased to 42,849.38 MW, surpassing the total capacity of hydro power sector at 42,783.42 MW, out of the nation’s total installed capacity of a little over 3 lakh MW on April 30, 2016.

The total capacity of the thermal sector stood at 2,11,420.40 MW, the data showed.

According to PWC’s Kameswara Rao, the renewable energy investments in solar and wind have benefited from a strong central policy and several years of early-stage private sector investment, respectively.

In contrast, hydro power suffered from multiple challenges, including non-availability of long-term financing; the cost imposed by royalty power (from 12 per cent to 36 per cent) to be offered free to the state government; and limited opportunities for the private sector, he said.

Challenging task “This is potentially changing, as the central government has proposed to give policy attention to hydro power too. Further, the government’s bilateral efforts with Bangladesh to implement cross-border transmission means that hydro-power from the north-eastern states can be delivered to the load centres cheaper than before,” he said.

The government has ambitious plans for deployment of 175 GW renewable power capacities by 2022, including 100 GW of solar and 60 GW of wind, which may require investment of around $150 billion in the next seven years.

Top News Today

Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.