The Rise of Renewable Energy in India
India’s journey towards renewable energy began in the early 2000s, with the government launching initiatives to promote the use of solar and wind power. The National Solar Mission, launched in 2010, aimed to increase the country’s solar power capacity to 20 GW by 2022.
The government is also promoting the use of electric vehicles and encouraging the adoption of green technologies. ##
Boosting Clean Energy through Innovative Initiatives
The Indian government has been actively promoting clean energy through various initiatives, aiming to reduce the country’s reliance on fossil fuels and mitigate climate change. One such initiative is the Solar Rooftop Phase, also known as PM Surya Ghar, which aims to promote the use of solar energy for household and commercial purposes. • The program provides incentives to individuals and businesses to install solar panels on their rooftops, with the government offering subsidies and tax benefits to encourage adoption. • The initiative has already seen significant growth, with over 1.5 million solar rooftop installations across the country.
Scheme Overview
The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) is a flagship scheme of the Indian government aimed at providing energy security to farmers while supporting the country’s goal of achieving 40 percent non-fossil fuel power capacity by 2030.
IREDA offers a range of financing options to support the development of renewable energy projects, including:
These financing options cater to the diverse needs of renewable energy projects, providing flexibility and support to developers and investors.
The scheme aims to provide financial assistance to the families of the deceased workers who lost their lives in the construction of various infrastructure projects. The Pradhan Mantri JI-VAN Yojana is a government-backed initiative that provides financial assistance to the families of deceased workers in the construction industry.
