Overview of Green Energy Sector in India

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India has a vast supply of green energy resources, and has a significant program for deploying these resources. India has set up an exclusive ministry for renewable energy called Ministry of Non-conventional Energy Sources later renamed as Ministry of New and Renewable Energy (MNES).

The Renewable energy market in India is pegged at US$600 million, growing at 15% per annum. The Government’s renewable energy target by 2030 is 200 gigawatts, estimated to require US$200 billion in capital investment. Currently, 3.5% of installed capacity is in the renewable sector, producing 3700 MW. Renewable energy is projected to produce 10,000 MW by 2012.

Read more on the Green Energy Sector in India at http://www.india-reports.com/summary/energy.aspx

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