Lok Sabha Question No. 3882 (UNSTARRED), answered on 2024-12-18
Subject: Tripling Global Renewable Energy Capacity
Ministry: NEW AND RENEWABLE ENERGY
Asked by: Shri Tatkare Sunil Dattatrey

## GOVERNMENT OF INDIA MINISTRY OF NEW AND RENEWABLE ENERGY

## LOK SABHA UNSTARRED QUESTION NO. 3882

ANSWERED ON 18/12/2024

## TRIPLING GLOBAL RENEWABLE ENERGY CAPACITY

3882. SHRI TATKARE SUNIL DATTATREY

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

(a) whether it is a fact that the International Energy Agency (IEA) urged various countries including India to support for action by 2030 with regard to the goal of tripling global renewable power capacity and doubling the annual rate of energy efficiency improvement every year by 2030; and

(b) if so, the action plan proposed or to be proposed by the Government to achieve the IEA target by 2030?

## ANSWER

## THE MINISTER OF  STATE  FOR NEW & RENEWABLE ENERGY AND POWER

## (SHRI SHRIPAD YESSO NAIK)

- (a) Under India's G20 Presidency for 2023, the G20 members, inter-alia ,  agreed to pursue and encourage efforts to triple renewable energy capacity globally through existing targets and policies in line with national circumstances by 2030. They also acknowledged the Voluntary Action Plan on Doubling the Rate of Energy Efficiency Improvement by 2030.

Subsequently,  the  International  Energy  Agency  (IEA)  prepared  a  paper  on  'G20  roadmap  for  tripling renewable energy capacity globally'.

- (b) Government of India has taken several steps and initiatives to achieve the target of 500 GW of non-fossil fuel based installed electricity capacity by 2030. The details are at Annexure.

Further, to promote energy efficiency, the government has undertaken various initiatives such as UJALA, Standards and Labeling (S&L), Energy Conservation and Sustainable Building Codes (ECSBC), Eco Niwas Samhita  (ENS),  revision  in  Corporate  Average  Fuel  Efficiency  (CAFE)  norms  for  M1  category  vehicles (GVW< 3500 kgs), Guidelines for Installation and Operation of Electric Vehicle Charging Infrastructure 2024. Additionally, Indian Carbon Credit Trading Scheme has been notified to shift large industries from specific energy consumption to GHG emissions reduction regime wherein unit-wise targets to more than 800 energy intensive industries are being assigned.

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## Annexure referred to in reply of part (b) of the Lok Sabha Unstarred Question No. 3882 to

## be answered on 18.12.2024

Government of India has taken several steps and initiatives to encourage industry, State Governments and other stakeholders to promote and accelerate renewable energy capacity in the country. These include, inter-alia, the following:

- Ministry of New & Renewable Energy (MNRE) has issued Bidding Trajectory for issuance of RE  power  procurement  bids  of  50  GW/annum  by  Renewable  Energy  Implementing Agencies(REIAs) [REIAs: Solar Energy Corporation of India Limited (SECI), NTPC Limited, NHPC Limited, SJVN Limited] from FY 2023-24 to FY 2027-28.
- Foreign Direct Investment (FDI) has been permitted up to 100 percent under the automatic route.
- Inter State Transmission System (ISTS) charges have been waived for inter-state sale of solar  and  wind  power  for  projects  to  be  commissioned  by  30th  June  2025,  for  Green Hydrogen Projects till December 2030 and for offshore wind projects till December 2032.
- To boost RE consumption, Renewable Purchase Obligation (RPO) followed by Renewable Consumption Obligation (RCO) trajectory has been notified till 2029-30. The RCO which is applicable to all designated consumers under the Energy Conservation Act 2001 will attract penalties on non-compliance. RCO also includes specified quantum of consumption from Decentralized Renewable Energy sources.
- Project Development Cell for attracting and facilitating investments has been set up.
- Standard Bidding Guidelines for tariff based competitive bidding process for procurement of Power from Grid Connected Solar, Wind, Wind-Solar Hybrid and Firm & Dispatchable RE (FDRE) projects have been issued.
- Schemes such as Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PMKUSUM), PM Surya Ghar Muft Bijli Yojana, National Programme on High Efficiency Solar PV Modules, National Green Hydrogen Mission have been launched.
- Scheme for setting  up  of  Ultra  Mega  Renewable  Energy  Parks  is  being  implemented  to provide land and transmission to RE developers for installation of RE projects at large scale.
- Laying of new transmission lines and creating new sub-station capacity has been funded under the Green Energy Corridor Scheme for evacuation of renewable power.
- Electricity (Rights of Consumers) Rules, 2020 has been issued for net-metering up to five hundred Kilowatt or up to the electrical sanctioned load, whichever is lower.
- Cabinet has approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects for installation and commissioning of 1 GW of offshore wind energy projects (500 MW each off the coast of Gujarat and Tamil Nadu).
- 'National Repowering and Life Extension Policy for Wind Power Projects, 2023' has been issued.
- 'Strategy for Establishments of Offshore Wind Energy Projects' has been issued indicating a bidding trajectory of 37 GW by 2030 and various business models for project development.
- The Offshore Wind Energy Lease Rules, 2023 have been notified vide Ministry of External Affairs notification dated 19th December 2023, to regulate the grant of lease of offshore areas for development of offshore wind energy projects.
- Standard & Labelling (S&L) programs for Solar Photovoltaic modules and Grid-connected Solar Inverters have been launched.
- To augment transmission infrastructure needed for steep RE trajectory, transmission plan has been prepared till 2030.
- 'The Electricity (Late Payment Surcharge and related matters) Rules (LPS rules) have been notified.
- Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022, has been notified on 06 th  June 2022 with objective of ensuring access to affordable, reliable, and sustainable green energy for all. Green Energy Open Access is allowed to any consumer with  contract  demand  of  100  kW  or  above  through  single  or  multiple  single  connection aggregating Hundred kW or more located in same electricity division of a distribution licensee.
- Green Term Ahead Market (GTAM) has been launched to facilitate sale of Renewable Energy Power through exchanges.
- 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.
- For  Electrolyser  Manufacturing,  contracts  have  been  awarded  /  are  under  process  for  a capacity of 3,000 MW per annum.
- For Green Hydrogen production, capacity has been awarded for 4,12,000 tons per annum.