RK Singh, the power minister, said that the Indian government is planning to replace the retiring coal power plants with the renewable power installations. India being the second-largest consumer of coal and third-largest emitter of greenhouse gases is approaching towards reducing its carbon footprints. The country aims to meet 40% requirement from the renewable energy sources by 2030, under which the country is targeting to install 175GW capacity based power plants by 2022. The minister said that the country’s current capacity of installation and manufacturing capacity of solar modules is 10GW and that of solar cells is 2.5 GW. Along with this, the country is trying to become self-reliant for its energy demands by looking forward to building coastal renewable energy equipment.
Read More at REUTERS