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Subsidy of 40 % in J&K for installing rooftop Solar Photovoltaic Plant

Last Updated on February 19, 2022 at 8:42 pm

As solar energy is emerging the new source for meeting the energy requirements of the world, India’s increasing efforts to expand the share of renewable energy has led to a substantial increase in the solar power generation in the past few years.

The country has set an ambitious target of installing 175 GW of renewable energy capacity by the year 2022, which includes 100 GW from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro-power. The Government of Jammu & Kashmir has taken into note the country’s ambition to reach 175 GW by 2022 and has accelerate the progress of installing renewable power generation plants.

As per the reports of the Ministry of Renewable energy, a total of 5063.10 MW of renewable energy capacity has been added during the year 2019-20, taking the cumulative installed RE capacity to 83.38 GW as of October 2019. This includes 37.09 GW of Wind, 31.70 GW of solar, 9.94 GW of Bio-power and 4.65 GW of Small Hydro Power. Further, projects of 30.06 GW capacity are at various stages of implementation and 39.67 GW capacity are under various stages of bidding. Clean energy projects now account for more than a fifth of India’s installed power generation capacity.

The extended benefits of the Renewable energy sources are that they can be used to produce electricity with fewer environmental impacts. Generation of power from conventional sources is also the source of greenhouse emission attributing to global warming and has adverse impact on the climate. Therefore, a global shift towards sustainable renewable energy generation is being witnessed.

Jammu & Kashmir has an enormous potential for solar energy. Setting up renewable energy capacity would help to bridge a part of its power requirement. Thus, it further necessitates the use of renewable sources of energy to bridge the deficit gap.

As the challenges of climate change and global warming continuously threaten the world community, the Jammu & Kashmir government has also recognized the urgent need to tackle these challenges. To create a conducive environment and develop an excellent business ecosystem for harnessing maximum potential of solar energy through Government, Private Enterprises, Public-Private Partnerships and individual efforts, government envisions a future with reduced dependence on fossil fuel by promoting renewable energy sources.