India surpasses 72 GW solar power milestone, led by state investments
POWER & RENEWABLE ENERGY

India surpasses 72 GW solar power milestone, led by state investments

In the Rajya Sabha, the Union Minister for New & Renewable Energy and Power, R K Singh, announced that India has successfully reached a solar power capacity of 72.02 GW. This significant achievement comprises various sources, including 55.71 GW from ground-mounted installations, 11.08 GW from rooftop installations, 2.55 GW from the solar component of hybrid projects, and 2.68 GW from off-grid solar. The minister shared this information in response to three distinct queries.

State-specific data reveals a notable surge in solar power capacity since the fiscal year 2019-20, with considerable contributions from Gujarat, Karnataka, and Rajasthan. The upswing in installations can be primarily attributed to private sector investments, facilitated through a transparent bidding process.

Moreover, the northeastern states receive additional financial support for solar power projects through the Rooftop Solar and PM-KUSUM schemes. Although the total budget allocation for solar energy in the fiscal year 2023-24 is Rs 59.1725 billion, the distribution among states is not specified.

The government has affirmed its commitment to the development of Solar Parks and Ultra Mega Solar Power Projects, with the ambitious goal of establishing at least 50 solar parks boasting a cumulative capacity of 40,000 MW. As of October 31, 2023, approvals have been granted for 50 solar parks across 12 states, with a sanctioned capacity of 37,490 MW. Out of these, 10,237 MW of solar projects have already been commissioned in 18 solar parks.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

In the Rajya Sabha, the Union Minister for New & Renewable Energy and Power, R K Singh, announced that India has successfully reached a solar power capacity of 72.02 GW. This significant achievement comprises various sources, including 55.71 GW from ground-mounted installations, 11.08 GW from rooftop installations, 2.55 GW from the solar component of hybrid projects, and 2.68 GW from off-grid solar. The minister shared this information in response to three distinct queries. State-specific data reveals a notable surge in solar power capacity since the fiscal year 2019-20, with considerable contributions from Gujarat, Karnataka, and Rajasthan. The upswing in installations can be primarily attributed to private sector investments, facilitated through a transparent bidding process. Moreover, the northeastern states receive additional financial support for solar power projects through the Rooftop Solar and PM-KUSUM schemes. Although the total budget allocation for solar energy in the fiscal year 2023-24 is Rs 59.1725 billion, the distribution among states is not specified. The government has affirmed its commitment to the development of Solar Parks and Ultra Mega Solar Power Projects, with the ambitious goal of establishing at least 50 solar parks boasting a cumulative capacity of 40,000 MW. As of October 31, 2023, approvals have been granted for 50 solar parks across 12 states, with a sanctioned capacity of 37,490 MW. Out of these, 10,237 MW of solar projects have already been commissioned in 18 solar parks.

Next Story
Real Estate

Gujarat Struggles to Curb Illegal Constructions in Ahmedabad

The Gujarat Regulation of Unauthorised Development Act, 2022, presents a contradiction. While it ostensibly seeks to curb unauthorised development, it simultaneously legalises such constructions upon payment of a fee. Despite being introduced initially in the early 2000s, then again in 2011, and most recently enacted in 2022, the legislation has failed to halt the rise of illegal constructions or unapproved extensions to residential and commercial properties. The Ahmedabad Municipal Corporation's (AMC) practice of demolishing certain structures while regularising others for a fee has weakened..

Next Story
Real Estate

DTCP Issues Notices for Building Code Violations in Gurugram's DLF

Following a recent survey that identified illegal construction and unauthorized commercial activities at 4,183 properties in DLF Phases 1 to 5, the Department of Town and Country Planning (DTCP) informed the Punjab and Haryana High Court about the issuance of notices to property owners. DTCP indicated that 1,138 notices had already been served to homeowners in DLF Phase 3, with additional notices to be issued soon. Property owners have until January 31 to revert to the approved building designs and cease all illegal commercial operations. Failure to comply would result in demolition and seali..

Next Story
Infrastructure Urban

Gujarat HC Removes GST on Industrial Leases to Encourage Investment

The recent ruling is set to streamline transactions and potentially encourage increased investments in India’s industrial and commercial leasing sectors. The judgment addressed whether transferring leasehold rights for Gujarat Industrial Development Corporation (GIDC) plots constitutes a ‘supply’ under the GST Act. The court determined that these transactions involve the transfer of immovable property rather than a service, thereby placing them outside the purview of GST. This decision offers significant relief to industries such as manufacturing, logistics, and warehousing, where long..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000