A Review Paper on Renewable Energy Scenario in India

India is the one of the fastest growing country in terms of population. Indian population count is reached to more than 135 crore in 2020. There will be a significant energy scarcity and electricity deficits. From last decade, India’s energy consumption has been increasing at a relative fast rate due to industrial and population growth. It is expected that India’s nominal GDP may exceed day by day as compare to developed countries. The estimate for 2020 compares to 5 percent economic growth in 2019. India have good opportunities to explore renewable energy. The main challenge is that how this renewable energy can be exploited effectively from the sources. As demand is increasing day by day of such extent that there are logical apprehensions that severe shortages may occur. Increasing demand and to meet demand with supply by current position there should be power Cut-off and Load Shading in Rural and Urban area. As per our PM vision to have installed capacity of renewable energy to be 175 GW by 2022 achieving it with Green Environment friendly nonconventional Energy Source as option is big Challenge. Currently India is at 5th position in overall installed renewable energy capacity.