New Delhi, Aug 6: India stands committed to achieving about 50 per cent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030, the government has said.
At present, India has already achieved 45.5 per cent installed capacity from non-fossil fuel-based resources.
In order to reduce the dependency on coal-based thermal power plants, the government has planned to augment non-fossil fuel-based installed electricity generation capacity and the thermal capacity addition is expected to cost Rs 6,67,200 crore by 2031-32.
According to Minister of State for Power, Shripad Naik, the estimated capital cost for setting up of new coal-based thermal capacity as considered in the National Electricity Plan, is Rs 8.34 crore per MW.
“Hence, the thermal capacity addition is expected to entail an expenditure of minimum Rs 6,67,200 crore by 2031-32,” the minister informed the Rajya Sabha.
In order to meet the…
