India to add 3,500 MW of renewable power during the current fiscal year

Aug 27, 2011 12:00 AM

India will be adding about 3,500 MW of renewable power during the current fiscal, which would entail a capital investment of about 29,000 crore, Renewable Energy Minister Farooq Abdullah said.
"It is envisaged that a power generation capacity of around 3,400 MW (grid-interactive) and 130 MW (off-grid/captive) from various renewable energy sources, mainly wind, solar, biomass and small hydro, will be added in the country during the current financial year 2011-12," Abdullah added in the Parliamentary question hour.

While half of the capital investment would be towards wind energy, investments in solar power are expected to be about Rs 9,000 crore.
Other renewable sources like small hydro power and bio-power would have investments of about Rs 3,000 crore and Rs 2,500 respectively.

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