2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rs 900 crores
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Rs 700 crores
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Rs 1200 crores
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Rs 1000 crores
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Detailed explanation-1: -approves infusion of Rs. 1000 Cr. Additional Equity to Strengthen Solar Energy Corporation of India Ltd. Govt.
Detailed explanation-2: -The installed solar energy capacity has increased by 19.3 times in the last 8 years, and stands at 56.6 GW as of 1st June 2022. The installed Renewable energy capacity (including large hydro) has increased from 76.37 GW in March 2014 to 159.95 GW in May 2022, i.e. an increase of around 109.4%.
Detailed explanation-3: -New Delhi: India’s renewable capacity, exclusing large hydro, is expected to have touched 122 GW by December 2022 against the Government of India’s target of 175 GW – a deficit of 30 per cent, consultancy firm Bridge to India said.
Detailed explanation-4: -The Central government on Wednesday allocated Rs 10,222 crore to the Ministry of New and Renewable Energy as part of the Union Budget 2023.
Detailed explanation-5: -India needs a lot more solar power as part of its net-zero emissions plans. Currently solar accounts for around 7% of India’s electricity generation.