Govt plans to spend Rs10,000 crore during FY18-22 on integrated bio energy mission - News Summed Up

Govt plans to spend Rs10,000 crore during FY18-22 on integrated bio energy mission


According to MNRE joint secretary Varsha Joshi, the draft renewable energy legislation places particular emphasis on non-electrical energy sources, primarily all bio-energy sources, which were not currently covered under any legislation. The Union ministry of new and renewable energy (MNRE), which made the proposal, also recommended spending Rs.10,000 crore from 2017-18 to 2021-22 for initiatives in this field. The ministry has sought comments on the draft policy from all stakeholders by 30 June. The draft policy aims to achieve 10 gigawatts (GW) of wind-solar hybrid capacity by 2022. The renewable energy ministry also unveiled a draft of the National Wind-Solar Hybrid Policy, which aims to encourage new technologies involving combined operation of wind and solar plants.


Source: Mint June 14, 2016 19:07 UTC



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