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India now ranks 4th in renewable energy: Modi

By The SATimes News Service

New Delhi: Pointing out that India ranks fourth globally in terms of renewable energy, Prime Minister Narendra Modi has said that the country has increased its installed capacity in this sector by 2.5 times and the installed solar capacity by more than 13 times.

India has scaled its non-fossil fuel-based power generation to 134 GW, which is about 35 percent of the country’s total power generation, Modi said in a message read out at the inaugural session of First World Solar Technology Summit by Union Power Minister Raj Kumar Singh.

“We are confident of increasing it to 220 GW by 2022,” the Prime Minister said.

Referring to India’s support to ISA member-countries, Modi said: “India is providing capacity-building support to ISA members through its ITEC training program. We have also set up a Project Preparation Facility to develop bankable solar energy projects in ISA member-countries with the help of EXIM Bank of India.”

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