ŸThe Government of India has identified power sector as |
1,000-MW solar power park under public-private |
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a key sector of focus so as to promote sustained |
partnership( PPP) mode involving an investment of |
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industrial growth. Some initiatives by the Government of |
about Rs 6,500 crore( US $ 1 billion). |
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India to boost the Indian power sector |
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The Government of Telangana plans to set up an incubator centre, in collaboration with University of |
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The Union Cabinet has approved the Ujwal DISCOM |
Austin, Texas, for start-ups in the renewable energy |
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Assurance Yojna( UDAY) for financial turnaround and |
sector, to support new companies entering the |
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revival of power distribution companies( DISCOMs), |
renewable energy market. |
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which will ensure accessible, affordable and available |
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A Joint Indo-US PACE Setter Fund has been |
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power for all. |
established, with a contribution of US $ 4 million from |
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The Government of India has resolved the issues |
each side to enhance clean energy cooperation. |
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regarding transfer of mining leases and grant of forest |
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The Government of India announced a massive |
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clearances to the winning bidders of coal blocks. It |
renewable power production target of 175,000 MW by |
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expects operations to start in about 10 more mines by |
2022; this comprises generation of 100,000 MW from |
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March 2016, easing coal availability to the projects |
solar power, 60,000 MW from wind energy, 10,000 |
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attached to these mines. |
MW from biomass, and 5,000 MW from small hydro |
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The Ministry of Power has planned to provide |
power projects. |
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electricity to 18,500 villages in three years under the |
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The Union Cabinet of India approved 15,000 MW of |
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Deendayal Upadhyaya Gram Jyoti Yojana( DUGJY). |
grid-connected solar power projects of National |
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Out of these, 3,500 villages would receive electricity |
Thermal Power Corp Ltd( NTPC). |
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through off-grid or renewable energy solutions. |
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The Indian Railways signed a bilateral power |
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The Ministry of New and Renewable Energy is |
procurement agreement with the Damodar Valley |
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implementing two national level programmes, namely |
Corporation( DVC). The agreement was signed |
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Grid Connected Rooftop and Small Solar Power |
between North Central Railway and DVC. This is the |
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Plants Programme and Off-Grid and Decentralised |
first time the Railways will directly buy power from a |
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Solar Applications, in order to promote installation of |
supplier. |
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solar rooftop systems, as per Piyush Goyal, Minister of
State for Power, Coal and New and Renewable
Energy.
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US Federal Agencies committed a total of US $ 4 billion for projects and equipment sourcing, one of the biggest deals for the growing renewable energy |
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The Government of Odisha plans to set up a large |
sector in India. |
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The Indian power sector has an investment potential of |
initiatives like 10-year tax exemption for solar energy |
Rs 15 trillion( US $ 237 billion) in the next 4 – 5 years, |
projects, etc., in order to achieve India ' s ambitious |
thereby providing immense opportunities in power |
renewable energy targets of adding 175 GigaWatts( GW) |
generation, distribution, transmission, and equipment. |
of renewable energy, including addition of 100 GW of |
The government’ s immediate goal is to generate two |
solar power, by the year 2022. The cumulative installed |
trillion units( kilowatt hours) of energy by 2019. This |
capacity of solar power in India has crossed the 4 |
means doubling the current production capacity to |
Gigawatt mark as of June 30, 2015. The government has |
provide 24x7 electricity for residential, industrial, |
also sought to restart the stalled hydro power projects |
commercial and agriculture use. |
and increase the wind energy production target to 60 GW |
The Government of India is taking a number of steps and |
by 2022 from the current 20 GW. |