Damodar Valley Corporation (DVC) is the first multipurpose river valley project of independent India. The corporation came into being on July 7, 1948, by an Act of the Constituent Assembly of India.
Achievements of DVC
Conclusion
The Government of India has released its roadmap to achieve 175 GW capacity in renewable energy by 2022, which includes 100 GW of solar power and 60 GW of wind power. The Union Government of India is preparing a ‘rent a roof’ policy for supporting its target of generating 40 gigawatts (GW) of power through solar rooftop projects by 2022. India could become the world’s first country to use LEDs for all lighting needs by 2019-20, thereby saving Rs 40,000 crore (US$ 6.23 billion) on an annual basis.
India’s electricity sector is dominated by fossil fuels, in particular coal, which during the 2018-19 fiscal year produced about three-quarters of the country’s electricity. The government is making efforts to increase investment in renewable energy. The government’s National Electricity Plan of 2018 states that the country does not need more non-renewable power plants in the utility sector until 2027.