The government has come up a slew of reform initiatives to boost steady and sustainable growth in power sector. Interestingly, this was not only focused for solar energy segment but also for wind, thermal and hydro power, which were less regarded in the past few years and were struggling with number of issues including fuel supply to power off take.
Even as industry analysts warn of slowdown in the renewable energy sector, the segment has added 4,273 MW of new capacity to the grid during the first half of this fiscal, which is one of the highest additions in a first-half year period in the last several years. However, the addition to capacity during the April-September 2019 is only 36 per cent of the target (11,802 MW) set for the fiscal.
According to government’s official data update by Ministry of New and Renewable Energy (MNRE), solar power segment continues to be the major contributor of new capacity growth in the renewable energy sector with a share of more than two-thirds of the new capacity. It added 2,921 MW (includes 2,479 MW ground-mounted and 442 MW rooftop) capacity during April-September 2019, according to the Wind sector continues to show progress and it added about 1,304 MW of new capacity. During the last fiscal, this segment added 1,481 MW and this year it is expected to add more capacity. As on September 30, 2019, total grid-connected installed renewable power capacity in India stood at 82,589 MW. The total installed capacity of wind power stood at 36,930 MW. The fast-growing solar segment had a cumulative installed capacity of 31,101 MW (ground-mounted: 28,863 MW; Rooftop: 2,238 MW).
Rising Questions
هذه القصة مأخوذة من طبعة November 2019 من Epc World.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 2019 من Epc World.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Budget 2020: A Mixed Bag of Hits & Misses
While the Union Budget has brought in several reasons for India’s infrastructure and construction industry to cheer and applaud, voices from the market draw out mixed sentiments from the stakeholders. Veena Kurup writes…
Tepid Demand: Awaiting Projects Execution
The industry has a tepid demand in 2019. However, towards the end of the year there were signs of revival and the industry is hopeful to clock 8-10 percent growth in FY2020-21. But, it all depends on how sooner the government’s projects are put on track.
We have lined up few capexes, the payback period are quite attractive
In FY19, our Satna cluster’s utilization levels were at 90 percent, says VIJAY AGGARWAL, Managing Director, Prism Johnson
Ready for Future: India's warehousing sector
The warehousing sector in India is at the threshold of a new era. From simple godowns and sheds it is evolving into an organised sector with highly automated warehouse mechanism catering to the distinctive needs of each industry.
Policy and regulatory push needed for logistics sector
After entering the spotlight in 2018, the logistics and warehousing sector had an average 2019 due to the overall economic slowdown and global headwinds.
Over the next decade, business opportunities in logistics and industrial parks are going to be robust - Dr. Niranjan Hiranandani CMD, Hiranandani Communities
As India’s new-age economy – including e-commerce and organized retail - morph into the larger quantum of growth, in sync with the same, we have seen commercial real estate throw up some surprises.
Green Cement: A Step Closure to Sustainable Construction Green Cement
Cement is a strong binding agent or adhesive, which serves as the primary ingredient in concrete.
High-performance High-Speed Doors
High Performance Doors are automatic doors used for fast access between internal and external areas of buildings.
Komatsu, L&T and Scania reaffirm commitment to the CE Industry
Komatsu, Scania and L&T Construction Equipment (LTCEL) have put up a panoramic display of 19 machines, making it one of the most comprehensive displays of Construction, Earthmoving and Road Machinery.
Addressing the Warehousing & Logistics Woes
Budget 2020 gave the warehousing and logistics sector the much-needed oxygen through monetary support and supportive policy measures, explores EPC World