India may achieve 54,000 MW renewables target by 2017
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POWER & RENEWABLE ENERGY

India may achieve 54,000 MW renewables target by 2017

01 Jan 2013 1 Min Read Editorial Team
India would achieve the target of 54,000 MW of new and renewable capacities by 2017. Currently, the country has around 27,000 MW of renewable energy capacity. India produced solar energy at an average tariff of Rs 18 a unit in 2009, which now stands at Rs 7.40 per unit. This fall in tariff, witnessed in such a short period, has encouraged policy makers to explore greater possibilities to harness solar energy at a faster pace.

India would achieve the target of 54,000 MW of new and renewable capacities by 2017. Currently, the country has around 27,000 MW of renewable energy capacity. India produced solar energy at an average tariff of Rs 18 a unit in 2009, which now stands at Rs 7.40 per unit. This fall in tariff, witnessed in such a short period, has encouraged policy makers to explore greater possibilities to harness solar energy at a faster pace.

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