Indian state maps out $777m renewables vision
India has underlined its growing commitment to the cleantech sector, as reports emerged that the state of Haryana is to invest $777m (£480m) as part of a programme designed to ensure that renewable energy makes up 10 per cent of the region's energy mix.
India has underlined its growing commitment to the cleantech sector, as reports emerged that the state of Haryana is to invest $777m (£480m) as part of a programme designed to ensure that renewable energy makes up 10 per cent of the region's energy mix.
According to reports from India's Business Standard, the state government has signed six renewable energy deals with the goal of generating 714.8MW of capacity by 2009.
Under the plans, New Delhi-based RS India Wind Energy and Kolkata-based Astonfield Renewable Resources are to deliver two 3MW solar farms, while a raft of smaller solar developments have also been approved.
They are to be accompanied by 24 biomass plants capable of generating 258MW, four wind farms aiming for 440MW of capacity and three small scale hydro plants boasting 4.8MW of capacity.
Speaking to Business Standard, Sumita Misra, director at the Haryana Renewable Energy Development Agency and Department of Renewable Energy, said that renewable energy projects would play a key role in the state's plans to address an energy shortfall of between 15 and 17 per cent of capacity at peak times.
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Source: BusinessGreen.com
