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India Misses RE Capacity target due to low Solar Rooftop

Published on March 22, 2023
Current context: India set a target of installing 175 GW of renewable energy capacity by the year 2022.This included projects like 100 GW from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro-power.
India Misses RE Capacity target due to low Solar Rooftop
  • In December 31, 2022 a renewable energy capacity of 120.90 GW was installed in the country which contributed to 69 per cent of the overall target.
  • The shortfall has occurred in achieving of the target that is because of low installation of solar roof-tops and wind energy projects .However, renewable energy installed capacity has increased by more than 23% since 2014.
  • India’s will increase the non-fossil fuel based energy capacity to 500 GW by the year 2030.
  • The overall target is 40 GW and only 7.40 GW of rooftop solar projects has been installed in the country. The lack of awareness about this scheme amongst the masses has led to not meeting targets.
  • Also, against the overall target of 60 GW, the cumulative installed capacity of wind power on December 31, 2022 was 41.93 GW.
  • MNRE had estimated the budget of Rs 10,422.54 crore for the financial year 2023-24 and Rs 10,222 crore has already been allocated in the year 2022.

Question:

Q.1 India set a target of installing _____ of renewable energy capacity by the year 2022.
a. 175 GW
b. 135 GW
c. 145 GW
d. 155 GW
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