Lok Sabha Question No. 362 (STARRED), answered on 2020-03-19
Subject: Growth and Investment in Clean Energy Sector
Ministry: NEW AND RENEWABLE ENERGY
Asked by: Chhatar Singh Darbar, Mansukhbhai Dhanjibhai Vasava

## GOVERNMENT OF INDIA MINISTRY OF NEW AND RENEWABLE ENERGY

## LOK SABHA STARRED QUESTION NO. 362

TO BE ANSWERED ON 19.03.2020

## GROWTH AND INVESTMENT IN CLEAN ENERGY SECTOR

- +*362 SHRI CHHATAR SINGH DARBAR SHRI MANSUKHBHAI DHANJIBHAI VASAVA

Will the Minister of NEW AND RENEWABLE ENERGY be pleased to state:

- (a) whether the clean energy sector of the country is rapidly growing and attracting huge investment;
- (b) if so, the details thereof and the names of projects identified for such investments;
- (c) the names of sectors under the renewable energy sector which are performing better; and
- (d) the details of the steps taken by the Government for holistic/overall progress in the clean energy sector?

## ANSWER

THE MINISTER OF STATE (I/C) FOR NEW & RENEWABLE ENERGY, POWER and MoS for  SKILL DEVELOPMENT AND ENTREPRENEURSHIP

(SHRI R.K. SINGH)

- (a)  to (d) A Statement is laid on the Table of the House.

*****

## Statement referred to in Reply to parts (a) to (d) of Lok Sabha Starred Question No. 362 to be answered on 19 March 2020 regarding

## GROWTH AND INVESTMENT IN CLEAN ENERGY SECTOR

The requisite information in reply to the Question, part-wise, is as under:

(a) to (d)

As part of Intended Nationally Determined Contributions, as per the Paris Climate Agreement, India  has  undertaken  to  install  about  40  percent  cumulative  electric  power  installed  capacity from non-fossil fuel-based energy resources by 2030.

During last 6 years, the cumulative clean energy installed capacity in the country has grown by about 72 percent from 80.8 Gigawatt (GW) to 138.9 GW. The sector-wise capacity addition and growth is as follows:

|      |                                                     | Installed Capacity (GW)   | Installed Capacity (GW)   | Growth   |
|------|-----------------------------------------------------|---------------------------|---------------------------|----------|
|      | Sector                                              | As on 31.03.2014          | As on 29.02.2020          | Growth   |
| I.   | Renewable Energy (Excluding large hydro above 25MW) | 35.5                      | 86.8                      | 144%     |
| I.   | Solar Power                                         | 2.6                       | 34.4                      | 1208%    |
| I.   | Wind power                                          | 21.0                      | 37.7                      | 79%      |
| I.   | Biomass, Small Hydro &Waste to Energy               | 11.9                      | 14.7                      | 24%      |
| II.  | Large Hydro                                         | 40.5                      | 45.4                      | 12%      |
| III. | Nuclear                                             | 4.8                       | 6.8                       | 42%      |
|      | Total                                               | 80.8                      | 138.9                     | 72%      |

An additional 62.4 GW  clean energy capacity is currently under various stages of implementation  and  34.07  GW  under  various  stages  of  bidding.  Globally,  India  stands  3 rd in terms of renewable power, 4 th in terms of wind power and 5 th in terms of solar power installed capacity.

For the period 2014-2019, clean energy investments in India were about USD 75 billion. Foreign Direct Investment of USD 6.1 billion flowed into the Indian clean energy sector in this period. Most of the clean energy projects, except nuclear power and some large hydro, are set up in the country by the private sector.

In  order  to  accelerate  development  and  deployment  of  clean  energy  in  the  country,  the Government of  India  has  undertaken  several  financial,  policy  and  regulatory  measures.  These include:-

- (i) notification of Renewable Purchase Obligations up to the year 2021-22;
- (ii) notification of guidelines for procurement of solar and wind power through tariff based competitive bidding process;
- (iii) waiver of the Inter State Transmission System charges and losses for inter-state sale of solar  and  wind  power applicable to  the  projects  to  be  commissioned  by  31  December 2022.
- (iv) creation of Payment Security Mechanism;
- (v) provision for flexibility in generation and scheduling of thermal power stations;
- (vi) implementation of Green Energy Corridors for absorbing increasing share of renewable energy;
- (vii) establishment of Renewable Energy Management Centres in Renewable Energy resource rich States;
- (viii) notification of Hydro Purchase Obligation;
- (ix) notification of wind-solar hybrid policy;
- (x) notification of policy for Repowering of Wind Power Projects;
- (xi) implementation  of  schemes  like  Pradhaan  Mantri  Kisan  Urja  Suraksha  evam  Utthaan Mahabhiyan (PM KUSUM), Solar Roof top Scheme Phase II, Government Producers or CPSU Scheme Phase II, and Ultra Mega Solar Parks Scheme;
- (xii) provision  for  permitting  100  per  cent  Foreign  Direct  Investment  (FDI)  under  the automatic route; and
- (xiii) notification of standards for deployment of solar photovoltaic system/devices;