34,160 MW renewable energy capacity under implementation
01 Mar 2020
Renewable energy capacity of 7,591.99 MW has been commissioned in 2019-20 (up to December 2019), while another 34,160 MW is under various stages of implementation, informed RK Singh, Minister of State (I/C) for New & Renewable Energy, Power and MoS for Skill Development and Entrepreneurship, according to a PIB release. Further, renewable energy capacity addition in 2019-20 is expected to exceed the capacity addition of 8,532.22 MW achieved in 2018-19.
Most grid-connected renewable energy projects in India are being implemented by private-sector developers. Capital investment made by these developers is their privileged information. However, based on standard capital costs per mega watt, an investment of Rs.404.59 billion is estimated to have been ma