Issues and Analysis on Centre Announces Steps To Boost Renewable Energy for UPSC Civil Services Examination (General Studies) Preparation

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Centre Announces Steps To Boost Renewable Energy

Geography Renewable Energy
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Centre Announces Steps To Boost Renewable Energy
 
  • Giving a fillip to the country’s renewable energy programme, the Centre has taken a slew of decisions in a span of six months to boost “clean energy” in the country.
  • These decisions include providing rs 1,000 crore to Central Public Sector units to set up over 1,000 MW grid-connected solar photovoltaic power projects, setting up of 25 solar parks each with a capacity of 500 MW requiring Rs 4,050 crore from the Centre and setting up of over 300 MW of solar power projects by defence and para military units.
  • With these moves, India will emerge as a major solar power producing country as nowhere in the world solar parks are being developed on such a large scale.
  • The government also restored accelerated depreciation benefit in the Union Budget 2014 to give much-needed relief to wind power developers and to ensure ramp up production. This will enable to kick start and ramp up wind capacity addition expeditiously, besides resolving the anti-dumping duty dispute.
  • In order to facilitate speedy growth of renewable energy power generation in the country, the Ministry of New and Renewable Energy (MNRE) is preparing a renewable energy bill and a plan for developing solar energy in the next five years.
  • The government will also come out with a comprehensive national energy policy and focus on development of energy related infrastructure, human resource and technology. It aims at substantially augmenting electricity generation capacity through a judicious mix of conventional and non-conventional sources. It plans to expand the national solar mission and connect households and industries with gas-grids.
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