Lok Sabha Question No. 3665 (UNSTARRED), answered on 2022-03-24
Subject: Investment in Renewable Energy Sector
Ministry: NEW AND RENEWABLE ENERGY
Asked by: Ramcharan Bohra

## GOVERNMENT OF INDIA MINISTRY OF NEW AND RENEWABLE ENERGY

## LOK SABHA

## UNSTARRED QUESTION NO. 3665 ANSWERED ON 24.03.2022

## INVESTMENT IN RENEWABLE ENERGY SECTOR

## +3665. SHRI RAMCHARAN BOHRA

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

- (a) whether the Government proposes to formulate a plan for investment in renewable energy sector;
- (b) if so, the details thereof;
- (c) the quantum of funds allocated and spent on renewable energy schemes during the last three years and the current year, State-wise;
- (d) the target fixed for the generation of renewable energy in Megawatt; and
- (e) the total amount of power distributed through renewable energy every year?

## ANSWER

## THE MINISTER OF NEW & RENEWABLE ENERGY AND POWER (SHRI R.K. SINGH)

(a) & (b) Most of the grid connected renewable energy projects in the country are being implemented by private sector developers selected through transparent competitive bidding without financial assistance from the Central Government.

The Government has taken several steps to attract investment in renewable energy sector in the country. These include :

- permitting Foreign Direct Investment (FDI) up to 100 percent under the automatic route,
- waiver of Inter State Transmission System (ISTS) charges for inter-state sale of solar and wind power for projects to be commissioned by 30 th June 2025,
- declaration of trajectory for Renewable Purchase Obligation (RPO) up to the year 2022,
- setting up of Ultra Mega Renewable Energy Parks to provide land  and transmission to RE developers on a plug and play basis,
- schemes such as Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM), Solar Rooftop Phase II, 12000 MW CPSU Scheme Phase II, etc,
- laying  of  new  transmission  lines  and  creating  new  sub-station  capacity  under  the  Green  Energy Corridor Scheme for evacuation of renewable power,
- setting up of Project Development Cell for attracting and facilitating investments,
- Standard Bidding Guidelines for tariff based competitive bidding process for procurement of Power from Grid Connected Solar PV and Wind Projects.
- Government has issued orders that power shall be dispatched against Letter of Credit (LC) or advance payment to ensure timely payment by distribution licensees to RE generators.
- (c):  The  state  wise  details  of  Central  Financial  Assistance  (CFA)  released  for  the  implementation  of various  renewable  energy  schemes  /  programmes  by  the  Ministry  from  2018-19  to  2021-22  (till 16/3/2022) are given in Annexure.
- (d):  In  accordance  with  Hon'ble  Prime  Minister's  announcement  at  COP26,  Ministry  of  New  and Renewable Energy is committed to achieving 500 GW of installed electricity capacity from non-fossil fuel sources by 2030.
- (e): The details of electricity generated through various renewable energy sources (including large hydro) during  last three years and current year (upto January 2022) are given below:

## ( in Million Units)

| Year                    |   RE Generation (including large hydro) |
|-------------------------|-----------------------------------------|
| 2018-19                 |                                  261653 |
| 2019-20                 |                                  294106 |
| 2020-21                 |                                  297547 |
| 2021-22 (upto Jan 2022) |                                  275549 |

## Annexure referred to in reply to part (c) of Rajya Sabha Unstarred Question No. 3665  for 24/3/2022 regarding 'Investment in Renewable Energy Sector'

The state wise details of Central Financial Assistance (CFA) released for the implementation of various RE schemes / programmes by the Ministry from 2018-19 to 2021-22 (till 16/3/2022).

(Rs in crore)

|   S No. | State / UT Name     |   2018-19 |   2019-20 |   2020-21 |   2021-22 (upto 16/3/2022) |
|---------|---------------------|-----------|-----------|-----------|----------------------------|
|       1 | MAHARASHTRA         |    147.38 |     55.94 |    106.61 |                      74.41 |
|       2 | LAKSHADWEEP         |      0    |      0    |      0    |                       0    |
|       3 | TELANGANA           |     18.67 |     28.17 |     23.12 |                      18.53 |
|       4 | JAMMU AND KASHMIR   |     85.84 |     21.39 |      4.89 |                      47.26 |
|       5 | PUNJAB              |     30.03 |     22.22 |     23.33 |                      45.27 |
|       6 | RAJASTHAN           |     64.52 |     88.6  |    105.6  |                     135.64 |
|       7 | KERALA              |     20.73 |      3.57 |     12.37 |                      37.16 |
|       8 | ARUNACHAL PRADESH   |      5.94 |     24.07 |     25.42 |                       9.79 |
|       9 | TRIPURA             |      0.22 |     12.98 |     18.48 |                       7.89 |
|      10 | NAGALAND            |      2.39 |     16.55 |     10.69 |                       0    |
|      11 | SIKKIM              |      2.74 |      0.05 |      0    |                       0.03 |
|      12 | MEGHALAYA           |      2.08 |      4.14 |      1.23 |                       0    |
|      13 | UTTARAKHAND         |      0.45 |     23.99 |     11.59 |                      16.44 |
|      14 | WEST BENGAL         |      4.19 |     13.38 |      0    |                       0.48 |
|      15 | HARYANA             |     22.39 |     18.51 |     55.45 |                     170.65 |
|      16 | GUJARAT             |    361.08 |    124.33 |    106.18 |                    1099.01 |
|      17 | ANDAMAN AND NICOBAR |      0    |      0    |      1.01 |                       0    |
|      18 | ODISHA              |      9.11 |     11.04 |      1.12 |                       5.25 |
|      19 | TAMIL NADU          |     54.94 |     55.43 |     30.27 |                     106.02 |
|      20 | MANIPUR             |      0    |     16.86 |     23.06 |                       9.27 |
|      21 | CHANDIGARH          |     18.76 |      5.13 |      0.85 |                       0    |
|      22 | CENTRAL AGENCY      |   2684.47 |   2564.23 |   1875.55 |                    1806.83 |
|       2 | JHARKHAND           |      0.99 |     10.84 |     16.05 |                       6.63 |
|      25 | UTTAR PRADESH       |     37.85 |     64.33 |     74.11 |                      36.51 |
|      26 | KARNATAKA           |    100.18 |     16.48 |     70.71 |                       3.52 |
|      27 | CHHATTISGARH        |     95.81 |      5.16 |      2.5  |                       2.47 |
|      28 | DELHI               |    228.25 |     11.63 |     56.28 |                      39.58 |
|      29 | ANDHRA PRADESH      |    213.15 |     30.66 |     62.32 |                       4.88 |
|      30 | ASSAM               |      0.2  |     33.29 |      3.11 |                       9.76 |
|      31 | MIZORAM             |      7.89 |     16.12 |     20.33 |                       3.23 |
|      32 | HIMACHAL PRADESH    |     84.13 |     32.04 |     73.98 |                      33.44 |
|      33 | PUDUCHERRY          |      0.1  |      0.79 |      0    |                       0.03 |
|      34 | GOA                 |      0    |      0    |      0.08 |                       3.6  |
|      35 | MADHYA PRADESH      |    105.01 |     94.84 |     49.42 |                       2.84 |
|      36 | Bihar               |      5.26 |      1.38 |      1.49 |                       1.2  |
|      37 | Ladakh              |      0    |      0    |      9.31 |                      18.41 |