Latest Banking jobs   »   India becomes power surplus nation

India becomes power surplus nation

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.

 

India Becomes Power Surplus Nation in Hindi: भारत बना पावर सरप्लस देश

 

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)
CCI approves the acquisition of BillDesk by PayU Payment Moody’s affirms stable outlook for India, says economy has high growth potential
BOI Becomes First PSB to Go Live On New Direct Tax Collection System TIN 2.0
ESAF SFB Launches ‘Rainbow Account’ For Transgender Community
Will banks remain closed for Onam on 7th & 8th September 2022? FM outlines steps to avert illegal loan apps
HDFC Bank issues India’s first Electronic Bank Guarantee PM Narendra Modi inaugurates World Dairy Summit in Greater Noida
Canara HSBC Life Insurance Launches iSelect guaranteed future plan HDFC Bank launched ‘Bank on Wheels’ in Gujarat
HDFC Life Introduces ‘Click2Protect Super’ Term Insurance Policy Canara HSBC Life Insurance Launches iSelect guaranteed future plan
Axis Bank and Square Yards launched co-branded home buyer ecosystem
 

Current Affairs

Current Affairs July 2022

Current Affairs June 2022

Weekly Current Affairs 2022 PDF

Current Affairs May 2022

Daily Current Affairs 2022

Current Affairs April 2022

Monthly Current Affairs PDF 2022

India becomes power surplus nation_50.1

Download your free content now!

Congratulations!

India becomes power surplus nation_70.1

Download Hindu Review of October 2021: Free PDF

Download your free content now!

We have already received your details!

India becomes power surplus nation_80.1

Please click download to receive Adda247's premium content on your email ID

Incorrect details? Fill the form again here

Download Hindu Review of October 2021: Free PDF

Thank You, Your details have been submitted we will get back to you.

Leave a comment

Your email address will not be published. Required fields are marked *