India becomes a power surplus nation: India now has a power surplus, with a capacity of more than 4 lakh Mega Watt. Initiatives and efforts made by our government have contributed in transforming India from a power deficit to a power surplus country. India has seen an increase in renewable energy generation from 51 thousand 226 Gigawatt hours to one lakh 38 thousand 337 Gigawatt hours in 2020.
India becomes a power surplus nation: Key points
- With a total installed energy capacity of about 4 lakh Mega Watt, India has turned into a power surplus country.
- The proportion of renewable energy in India’s power generation sector is rising rapidly in accordance with the country’s aims for sustainable development.
- India is the third-largest generator of renewable energy in the world.
- Non-fossil fuels account for 40% of the country’s installed electrical capacity.
- There is an increase in renewable energy generation from 51 thousand 226 Gigawatt hours to one lakh 38 thousand 337 Gigawatt hours in 2020.
- Many Indians have been benefited from applications based on solar energy, by using these applications to meet their cooking, lighting, and other energy demands in an eco-friendly way.
- India being a part of the International Solar Alliance(ISA), has achieved great success in the deployment of technology based on solar energy. This Alliance works toward cutting down the use of fossil fuels and making our planet greener.
- India’s goal is to reach Net Zero Emissions by 2070 and grow renewable energy to 500 Giga Watts by 2030.
Initiatives by the Indian government in the renewable sector
- Solar Park Scheme
- PM KUSUM
- Green Hydrogen Mobility project
- National Solar Mission
- Bundling Scheme
- Grid Connected Solar Rooftop Scheme
- Canal bank & Canal top Scheme
- Atal Jyoti Yojna (AJAY)
|Current Affairs April 2022|