Power generation from renewables is on rise in India; with share of renewables in the total energy mix is rising from 7.8% in FY08 to ~13% in FY14. India has about ~31.7GW of installed capacity of installed renewable energy capacity as on March 31st, 2014. Wind accounts for 66.7% with installed capacity of 21.1GW, making India as a fifth largest wind energy producer. Small hydro Power (3.8GW), Solar (2.6GW) and Biomass (4.1GW) constitute the rest. In FY14, the wind capacity addition remained muted to ~2GW (1.7GW in FY13) due to slower disbursal of incentives under GBI and removal of AD benefit. India's renewable potential is huge and can play a vital role in making country fulfil its energy security challenge.
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