Wednesday, June 8, 2016

India: Government Aims for 10 GW of Geothermal Energy by 2030

India looks to harness 10 GW geothermal power by 2030 (Livemint)

India proposes to harness 10 GW of geothermal energy by 2030 through active international collaboration with the US, Philippines, Mexico and New Zealand

In its quest to increase its renewable energy portfolio, India proposes to harness 10,000 MW (10 GW) of geothermal energy by 2030 through active international collaboration with countries such as the US, Philippines, Mexico and New Zealand.

The Indian government’s ministry of new and renewable energy (MNRE) on 6 June released a, “draft Indian geothermal energy development framework” seeking comments from all stakeholders by 10 June.

The draft policy also stresses on the role and active participation of states. respective state governments will facilitate land acquisition at prices determined and also decide on the royalty to be paid for the utilization of geothermal resources.

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