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New and renewable energy | Breakage of the mesh lock

UPDATE: June 15, 2024, 4:50 PM EST

India has set a target of achieving 500 gigawatts of renewable capacity by 2030-2031, as well as developing low-cost energy storage capacity and implementing the National Green Hydrogen Mission, which plans to produce 5 tonnes of green hydrogen per year by then. This is in addition to Prime Minister Surya’s Ghar Mufta Bijli Yojana scheme, which aims to provide 300 units of free electricity every month to 10 million households.

India has set a target of achieving 500 gigawatts of renewable capacity by 2030-2031, as well as developing low-cost energy storage capacity and implementing the National Green Hydrogen Mission, which plans to produce 5 tonnes of green hydrogen per year by then. This is in addition to Prime Minister Surya’s Ghar Mufta Bijli Yojana scheme, which aims to provide 300 units of free electricity every month to 10 million households.

Prime Minister Narendra Modi has said at various events that India will have to increase this scale threefold, but it will be impossible unless both the government ministries work in tandem. In the last decade, India’s renewable energy story has been a success as the power sector (transmission utilities) allowed free access to green corridors, DISCOMs were asked to prioritize renewable electricity purchases, and local transmission infrastructure control centers were asked never to were phasing out renewable energy sources. Joshi’s biggest challenge will be to continue synergies with “minimal transition losses.”

Posted by:

Shyam Balasubramanian

Published:

June 15, 2024