Indian government releases plan on renewable energy tenders for 250 gigawatts by 2028
Post date: 04/04/2023 - 18:17
India’s Ministry of New and Renewable Energy (MNRE) has published a memorandum on the government’s framework planning for renewable energy tenders over the next five years. According to the memorandum, 50 gigawatts (GW) of capacity are to be tendered per year from fiscal year 2023/24 to 2027/28, for a total of 250 GW. At least ten GW are to be wind power, otherwise both pure wind and solar projects as well as hybrid forms and »round-the-clock« generation with or without storage are possible.
By way of comparison, Germany plans to put out to tender a total of 50 GW of onshore wind power and around 53 GW of photovoltaics between 2024 and 2018, meaning that it is aiming for around a fifth of the volume planned in India for these two types of generation alone (further tenders, for example for biomass, will be added); however, India has a good 18 times more inhabitants and already has three times higher electricity consumption.
India, as described in the memorandum, is sticking to a target of only 50 percent of »non-fossil« energy in power generation capacity for 2030; the government includes nuclear power among these. Moreover, this would be only a small increase; already at the end of 2021, the MNRE indicated the share at just over 40 percent. In absolute terms, the memorandum sets a target of 500 GW for »non-fossil« generation capacity installed nationwide by 2030.
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