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Topic : Renewable Energy
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Industry : Power Functional Area : Growth
Activity:  4 comments  273 views  last activity : 07 06 2010 20:18:04 +0000
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India expects 1 trillion rupees ($21 billion) of investments over a five-year period ending March 2012 for renewable-power generation, saya a report from Indian Renewable Energy Development Agency Ltd. An investment of 150 billion rupees has already been made in the first two years of the five-year plan period that runs from April 1, 2007 to March 31, 2012. India plans to add 14.5 gigawatts of capacity to generate renewable power by March 2012. About 8.8% of India’s installed capacity of about 150 gigawatts is renewable-energy based, comprising mainly wind, small hydroelectric, biomass and solar energy projects.

 
4 comments on "India Likely to Invest 1 Trillion Rupees in Renewable Energy by 2012"
  Commented by  K.Srinivasan, Asst. Manager/Manager (Technical), SAUDI ARABIA    | 01 07 2010 14:32:13 +0000
This good news, this make to think INDIA IS NOT POOR COUNTRY , Any green project coming up in INDIA will have support from govt of India. Nice step towards positive move.
  Commented by  ponmanikandan, Business Development, EICS    | 10 07 2009 11:08:43 +0000
The projections sounds attractive.. we have to take a look on realities too.. there are backlogs in the power ministry's target for the 11th plan period..the projections for biomass seems to very difficult to achieve.. will post a detailed article shortly..
  Commented by  Ramakrishna Perumal, Sr. Engineer, Technicas Reunidas    | 10 06 2009 16:02:49 +0000
The intentions are very good but it will be really good achivement if India generates 14.5 gigeatts by renewable power by the end of 2012.
  Commented by  Vineet Prakash, Sales/BD Manager, Tata Power    | 10 06 2009 14:17:39 +0000
Its a good step taken by the government. It will help a lot in helping the environment and making a "Green" surrounding. Its a very good step taken by India. Nice article Abhijeet, thanks for sharing...
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