In the earlier editions, we spoke about our plans for a journey from megawatts to gigawatts in renewable energy.
— PMO India (@PMOIndia) November 26, 2020
We also spoke about “One Sun, One World One Grid” to leverage solar energy.
In a short time, many of these plans are becoming a reality: PM
In the last 6 years, India is travelling on an unparalleled journey.
— PMO India (@PMOIndia) November 26, 2020
We are expanding our generation capacity and network to ensure every citizen of India has access to electricity to unlock his full potential: PM
Today, India’s renewable power capacity is the 4th largest in the world. It is growing at the fastest speed among all major countries.
— PMO India (@PMOIndia) November 26, 2020
The renewable energy capacity in India is currently 136 Giga Watts, which is about 36% of our total capacity: PM
You would be happy to know that our annual renewable energy capacity addition has been exceeding that of coal based thermal power since 2017.
— PMO India (@PMOIndia) November 26, 2020
In the last 6 years, we increased our installed renewable energy capacity by two and half times: PM
Even when it was not affordable, we invested in renewable energy.
— PMO India (@PMOIndia) November 26, 2020
Now our investment and scale is bringing costs down.
We are showing to the world that sound environmental policies can also be sound economics: PM
When I talk about energy efficiency, we have not limited this mission only to one ministry or department.
— PMO India (@PMOIndia) November 26, 2020
We have ensured that it becomes a target for the entire government.
All our policies have a consideration of achieving energy efficiency: PM
After the success of PLI in electronics manufacturing, we have decided to give similar incentives to high efficiency solar modules: PM
— PMO India (@PMOIndia) November 26, 2020
Ensuring “Ease of doing business” is our utmost priority.
We have established dedicated Project Development Cells to facilitate investors: PM
There are huge renewable energy deployment plans for the next decade.
— PMO India (@PMOIndia) November 26, 2020
These are likely to generate business prospects of the order of around 20 billion dollars per year.
I invite investors, developers and businesses to join India’s renewable energy journey: PM
