Solar Energy Power Projects, Renewable Resources

The Ministry of New & Renewable Energy (MNRE) is providing subsidy up to 30% of the benchmark cost of the solar water pumps to the farmers under Off-grid and Decentralized Solar PV Applications Programme.  Till date over 1.85 lakh solar water pumps have been reported installed in the country under the Programme. The Ministry of New & Renewable Energy provides financial support to various R&D/academic institutions for research in the field of solar, wind, biogas, biofuel, storage, etc. for technology development and demonstration leading to commercialization. A comprehensive policy and guidelines for research, development and demonstration (RD&D) for new and renewable energy sector are in place. Under these guidelines Central Financial assistance up to 50% of the project cost can be provided for the projects that involve partnership with industry / civil society. However, for proposals from academic institutions, Government/non-profit research organizations and...

India’s Nationally Determined Contributions (NDCs), as submitted to the United Nations Framework Convention on Climate Change (UNFCCC) under Paris Climate Agreement, inter-alia, include achieving about 40 percent cumulative electric power installed capacity from non-fossil fuel based energy resources by 2030. India has taken various initiatives, including setting up of National Solar Mission and announcing target of installing 175 GW of renewable energy capacity by 2022 for increasing share of carbon free energy in the energy mix. The Government is confident of achieving the target of 175 GW of renewable energy capacity by 2022. This information was provided by Shri R.K. Singh, Union Minister of State (IC) Power and New & Renewable Energy in written reply to a question in Lok Sabha today.