In a bid to achieve the target of installing 500 GW (giga watt) renewable energy capacity by 2030, India needs to tap its hydro resources, Union Minister RK Singh has said.
The Minister made the remarks at an event organised to mark the 47th Raising Day of power PSU NHPC on Sunday. “Prime Minister Narendra Modi has set a target of installing 500 GW (giga watt) renewable energy (RE) capacity by 2030. We will do that instead we will exceed the target. “But to install such an amount of RE capacity we need a balancing source and that balancing source is hydro, this is where the role of NHPC becomes more important,” the Minister said in his address.
