Mains Paper 3: Economy | Infrastructure: Energy, Ports, Roads, Airports, Railways etc.
From UPSC perspective, the following things are important:
Prelims level: Not Much
Mains level: Important policy for achieving future clean energy targets of India
“Rent a roof” policy
- The Union government is working on a “rent a roof” policy to support its ambitious plan to generate 40 gigawatts (GW) of power from solar rooftop projects by 2022
Why is this policy important?
- While investors have been enthused by India’s large ground-mounted, grid-connected solar parks, the solar rooftop market hasn’t gained much traction
- Of India’s ambitious target of 175GW of clean energy capacity by 2022, 100GW is to come from solar projects
- Of these, while 60GW is targeted from ground-mounted, grid-connected projects, 40GW is to come from solar rooftop projects. Wind power projects are to contribute 60GW
Suitability of India for such kind of projects
- The country offers a big opportunity given its 750GW potential as it records around 300 sunny days a year, with an average solar radiation range of 4-7 kilowatt-hours per square metre.
Concerns related to Solar Power Projects in India
- According to some experts, there are concerns as India is not expected to achieve even half of the solar rooftop targets by December 2021
Government Strategy for Wind power Projects
- The central government is also firming up its strategy to expedite bidding out wind power contracts
- India has an installed wind power capacity of 33GW
- The country has auctioned 2GW of wind power contracts that saw tariffs fall to a record low of Rs2.64 per unit in the October auction conducted by state-run Solar Energy Corp. of India