India's Power and Renewable Energy Minister R K Singh sounded confident that the country will have over 200 GW of renewable energy capacity by mid 2022. “We have decided that by 2022 we will establish 175 GW of renewable energy capacity. We are close to achieving the target,” Singh said at BRICS Energy Ministers meet in Brazil. India has set an ambitious target of having 175 GW of renewable energy capacity by 2022.
“The renewable energy capacity which has been installed is 83 GW and under installation is 31 GW and 35 GW capacity is underbidding. So this becomes around 140-145 GW. In hydro, we have installed capacity of around 45 GW and under installation capacity is about 13 GW, which makes it (hydro) around 60 GW. So we will cross 200 GW capacity of renewable energy by 2022,” the minister said. Singh said that more than 55 per cent of installed power generation in India will be from renewable sources by 2030.
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