India’s green energy generation grew 22 per cent in April-December current fiscal

India registered a 22 per cent growth in power generation from renewable energy sources in the first ten months (April-December 2017) of the current financial year, thanks largely to the recent massive ramp up in solar capacity addition, according to fresh data released by Central Electricity Authority (CEA).

Electricity generation through renewable sources -- including wind, solar, biomass, small hydro and bagasse – stood at 78,256 million units (MUs) between April 2017 and December 2017 as compared to 64,042 MUs generated in the same period last fiscal (2016-17).

A month-wise analysis of the CEA data shows December registered the highest rate of growth in renewable generation at 48 per cent, followed by 37 per cent in November and 36 per cent in April. Generation dipped only in one month, September, by 9 per cent (see table).

Power generation from conventional energy sources – including thermal, hydro and nuclear resources – grew 4.12 per cent to 1,003 Billion Units (BUs) during April-January period of the current fiscal (2017-18) as compared to the same period last fiscal year. Month-wise data shows May 2017 registered the highest growth in conventional generation at 7.4 per cent while August 2017 witnessed a decline of 0.6 per cent.

The data points at the rising share of renewables in India’s energy basket. Renewable energy’s share in total generation stood at 8 per cent in the ten months period between April and December 2017 as compared to 6.8 per cent in the corresponding period last fiscal. The government is working on a target to increase India’s green energy generation capacity to 175,000 Mw by 2022.

Source- ET Energyworld