Sunday, July 6, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Projects Infrastructure

Renewables: 46.75 GW bid out or under installation

Fiinews by Fiinews
December 11, 2018
in Infrastructure, Investment, Power, Projects, Tenders
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Bids: 30 GW solar and 10 GW wind in 2018-20

 

mnre-B1

 

Green energy projects of 46.75 GW capacity have been bid out or is under installation in India which has installed around 73.35 GW as of October 2018 from all renewable energy sources, said the Ministry of New and Renewable Energy (MNRE).

Projects worth each 30 GW solar power and 10 GW wind power capacity would be bid out each in the year 2018-19 and 2019-20 as per the Government declared trajectory of bidding 60 GW capacity of solar energy and 20 GW capacity of wind energy till 31.03.2020.

The Ministry plans to bid out remaining solar power capacity in 2018-19 and 2019-20, so that bidding gets completed for entire 100 GW capacity additions by March 2020, leaving two years’ time for execution of projects.

So far, the installed capacity includes around 34.98 GW from Wind, 24.33 GW from solar, 4.5 GW from Small Hydro Power and 9.54 GW from Bio-power.

This has given assurance to the renewable energy developers and investors community about long term commitment and planning of the Government in the RE sector encouraging them to make risk free investments in the country.

India has 5th Global position for overall installed renewable energy capacity, 4th position for wind power and 5th position for solar power.

It has registered lowest ever solar tariffs in India of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017, for 200 MW and again in July 2018, for 600 MW.

Registered lowest ever wind tariff was Rs.2.43 per unit in a tender of 500 MW project by Gujarat Government in the month of December 2017.

The cumulative renewable energy installed capacity has increased from 35.51 GW as on 31.03.2014 to 73.35 GW as on 31.10.2018 (increase of around 106% during last four &a half years).

The capacity addition of over 37.84 GW grid connected renewable power has been achieved during last four & half years (2014-15 to 2018-19) which includes 21.7 GW from Solar Power, 13.98 GW from Wind Power, 0.7 GW from Small Hydro Power and 1.5 GW from Bio-power.

A total of 101.83 billion units of power were generated in the country during the year 2017-18 from all renewable energy sources as compared to 61.78 billion units generated in 2014-15 (increase of around 65% during last four years).

Share of renewable energy in terms of overall power generation has reached to around 8% from 5.5% in 2014-15, said MNRE in an update on 10 Dec 2018.

Further, 62.66 BU of energy is generated during 2018-19 up to August 2018. fiinews.com

Tags: Ministry of New and Renewable Energy
ShareTweetShare

Related Posts

NICDC
Tenders

Tender: Take care of new urban development

by Fiinews
July 5, 2025
0
17

NICDC building sustainable industrial ecosystems, says Saini Greenfield industrial cities should be developed near existing cities so that social infrastructure...

Amet
Projects

Project: Joint maritime professionals launched

by Fiinews
July 6, 2025
0
17

Harassment issues at sea discussed at Chennai summit An MoU between AMET University and Arizona State University has been launched...

Tamta Infra

Tender: Minister wants innovation in projects

July 6, 2025
13
Pm Modi Port Of Spain

Projects: PM discuss potential collaboration in T&T

July 6, 2025
14
IPA

Invest: Serendipity Space raises pre-seed round

July 5, 2025
17
Logisticsuav Flying Dassault Systemes

Project: Raphe mPhibr adopts French platform tech

July 5, 2025
11
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Export: India to ship non-GMO soybean to EU
  • Tender: Take care of new urban development
  • Manufacturing: Framework on Drones by Sep-Oct
  • Project: Joint maritime professionals launched
  • Market: Daimler bullish on construction sector

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.