India Registers 3-Fold Growth in Renewable Energy Capacity

Tariff of the grid-connected solar power plants has gone down by 80 per cent to Rs 10.95 per unit

- TDG NETWORK

India has logged threefold growth in its renewable power capacity in the last decade, with the installed green energy capacity reaching 232 GW, including large hydro power plants, currently compared to 75.52 GW capacity in March 2014, official sources said.

India has emerged as a global front runner in renewable energy space as the tariff of the grid-connected solar power plants has gone down by 80 per cent to Rs 10.95 per unit (for 170 MW at Neemuch), sources said.

In March 2014, India's installed solar energy capacity was 2.82 GW, which has crossed 108 GW now, recording multifold growth. Wind energy capacity has more than doubled to 51 GW presently from 21 GW in 2014.