India's Renewable Energy Initiatives and Green Hydrogen Expansion
Key Ideas
- India's Ministry of New and Renewable Energy is scaling up rooftop solar vendors under the PM Surya Ghar program from 8,000 to 25,000, targeting 10 million households by 2027.
- Andhra Pradesh announces a Clean Energy Policy aiming to add over 160 GW of renewable energy capacity and attract investments worth $118.95 billion, focusing on green hydrogen production.
- The Supreme Court upholds the independence of electricity regulatory commissions from government directives, reinforcing their quasi-judicial power under the Electricity Act, 2003.
- The Indian government approves three pilot projects under the National Green Hydrogen Mission for green hydrogen usage in steel production, with a financial support of $41.28 million.
The Ministry of New and Renewable Energy in India is expanding rooftop solar vendors under the PM Surya Ghar program to reach 25,000 vendors, with a goal of installing rooftop solar systems in 10 million households by 2027. The program offers financial assistance of up to ₹78,000 per household. Additionally, Andhra Pradesh has introduced the Andhra Pradesh Integrated Clean Energy Policy 2024 to attract investments and add significant renewable energy capacity, including a focus on green hydrogen production. The Supreme Court ruling emphasized the autonomy of electricity regulatory commissions from government interference. The government has greenlit three pilot projects to utilize green hydrogen in steel production, with a financial backing of $41.28 million. Moreover, there are developments in the solar power sector with tenders like the one issued by Paradip Port Authority for a 10 MW solar project. REC Power Development and Consultancy has also initiated projects to support green hydrogen infrastructure in Odisha and network expansion for hydro storage projects in Maharashtra.
Topics
Projects
Renewable Energy
Clean Energy
Solar Power
Steel Production
Transmission Infrastructure
Electricity Regulations
Solar Project Tender
Pumped Hydro Storage
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