Government capex on renewable energy far less than on conventional power
Feb 02:
Despite the massive push into renewable energy, government budgetary and extra budgetary outlay in this segment is much lower than in the thermal power segment 8The total spent in renewables is a mere Rs 14,000 crore 8In comparison, the power ministry's total spend -- including public sector capex -- is Rs 70,000 crore 8Budgetary support to the solar sector totals up to Rs 848.50 crore only, indicating big investments in the segment is self funded 8Of the Rs 14,000 crore, around Rs 10,000 crore is made up of capex by Indian Renewable Energy Development Agency Click on Reports for a detailed break up of the Rs 14,000 crore government outlay in the renewable sector