Greentech Lead India: Farooq Abdullah, minister for New & Renewable Energy, says India has produced 23,557 million units of power from renewable energy sources during April to August 2012.
The production was through renewable energy schemes / programs such as wind, small hydro, biomass and solar throughout the country.
According to the Central Electricity Authority (CEA), 36947 million units, 41150 million units and 51226 million units were generated during 2009-10, 2010-11 and 2011-12 respectively from renewable energy sources.
The minister said that the Government is giving various fiscal and financial incentives, such as capital/interest subsidy, accelerated depreciation, concessional excise and customs duties to promote power generation from new and renewable energy sources.
Among the other steps taken to promote power generation from alternative sources of energy include preferential tariff for purchase of power generated from renewable sources, introduction of Renewable Energy Certificates and Renewable Purchase Obligation.
The Government has formulated an Integrated Energy Policy (IEP) covering all sources of energy including renewable energy sources. The IEP document gives a roadmap to develop energy supply options and increased exploitation of renewable energy sources.
The Ministry of New and Renewable Energy is targeting a capacity addition of 30,000 MW during the 12th Plan period (2012-17) from various renewable energy sources.
About 27,000 MW renewable power generation capacity has been installed in the country from various renewable energy sources. A Capacity of 12,437 MW from renewable energy projects have been added during the last 3 years (2009-10 to 2011-12) and current year (as on 31.01.2013).