MNRE sets a target of capacity addition of 29,800 MW during 12th Plan period

The Ministry of New and Renewable Energy has set a target of capacity addition of 29,800 MW from various renewable energy sources during 12th Plan period. The target comprises of 15,000 MW from wind, 10,000 MW from solar, 2,100 MW from small hydro and 2,700 MW from bio-power. 

Ministry of New and Renewable Energy has prepared a Strategic Plan for New and Renewable Energy Sector in the year 2011 which has indicated a cumulative installed capacity of renewable power to about 72,000 MW by 2022.

The details of power generated from the renewable energy sources in the public sector undertakings under the control of Government as well as in the private sector during 2012-13 and 2013-14 are 47.61 billion units and 53.22 billion units respectively.

An amount of Rs 19,113 crore has been provided for promotion and generation of renewable energy during the Twelfth Five Year Plan period. The funds allocated for 2012-13, 2013-14 and 2014-15 are as below:

Budget allocation for the years 2015-16 and 2016-17 will be allocated after approval of Annual Plans by the Government and Physical Targets will be fixed accordingly.