Adani Green Energy Company has started the process of producing electricity from the world’s largest renewable energy park in Khavda, Gujarat. With this, electricity facility will also be provided to 1.61 crore crore houses.
India is moving forward strongly and is continuously achieving success in every field. The government is leaving no stone unturned to make the lives of common people successful. Now Adani Green Energy Limited, a company led by Gautam Adani, has started the process of producing electricity from the Renewable Energy Park. With its launch, employment opportunities will also be created. Through this, electricity facility will also be provided to 1.61 crore houses. It will also help in preventing CO2 emissions.
Electricity generation from the world’s largest renewable energy park
Adani Green Energy Company has started the process of producing electricity from the world’s largest renewable energy park in Khavda, Gujarat. Besides, through this the company has also started power supply to the National Grid. For the first time, 551 MW solar power supply has been started from Khavra located in Gujarat. Adani Green Energy has informed in a press release that power generation has been achieved by AGEN only in 12 months. At present, 8 thousand employees work in the company’s plant. The company plans to take the plant to 30 GW capacity, for which a target of five years has been set. The total production capacity of the company is up to 20,844 MW.
According to a press release issued by the company, AGEN plans to develop S Renewable Park with 30 GW of renewable capacity and is expected to be operational in the coming five years. With its completion, Khavra’s Renewable Energy Park will be the world’s largest renewable energy park. Khavda Renewable Park will provide electricity facility to 1.61 crore houses every year.
Benefits of Renewable Energy Park
8100 crore units of electricity will be generated every year from the Renewable Energy Park. Electricity facility can be provided to 1.61 crore houses. Not only this, it will also provide employment opportunities. This will provide employment opportunities to more than 15,200 people. Through this, it will help in preventing the emission of 58 million tonnes of CO2 annually and 60,300 tonnes of coal can also be easily saved every year.
renewable energy in india
India is among those countries where the largest production of energy is done from renewable sources. In the power sector, renewable energy accounts for 20% of the total installed power capacity as of June 30, 2018. Last year, while addressing FICCI’s India Energy Transformation Summit in September 2023, Union Minister for Power and New and Renewable Energy RK Singh had said that India will achieve its 500 GW renewable energy target before 2030. RK Singh had also said that if India had not lost two years due to Covid-19, the country would have succeeded in achieving 50% of its electricity generation capacity from renewable non-fossil fuels by now.
According to the report of CareAge Ratings, India is ready to increase its energy storage capacity and for this it will need about 12 GW in FY 2024. It is expected to increase by 70 GW by financial year 2030. This extension is similar to a new RPO (Renewable Purchase Obligation) and ESO (Electricity System Operator) renewable purchase obligation norms to support the country’s renewable energy targets. Rs 14 lakh crore is required to meet the target of 435 GW installed renewable energy capacity by 2030 along with 19 GW in PSP (Pumped Storage obligations) and 42 GW in BESS (Battery Enabled Storage Solutions).