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India Targets Doubling of Renewable-Energy Installations to 2017

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May 22 (Bloomberg) -- India plans to more than double its amount of clean power generation capacity to almost 53,000 megawatts by 2017 under the latest five year plan.

India plans to add 29,800 megawatts of renewable power generation in five years, more than twice the 12,871 megawatts added during the previous five year plan, according to data from the Ministry of New and Renewable Energy.

Over the coming period, the nation plans to add 15,000 megawatts of wind farms, 10,000 megawatts of solar power, 2,700 megawatts of power based on biomass and biofuels, and 2,100 megawatts of small hydroelectric projects, Minister Farooq Abdullah said in a written response to parliament that was e-mailed by the ministry late yesterday.

The nation has installed 23,128 megawatts of clean power projects to date.

To contact the reporter on this story: Natalie Obiko Pearson in Mumbai at npearson7@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net