Renewables sector misses FY20 target due to headwinds, Covid-19
The renewable energy capacity addition fell short of its target for 2019-20, adding only about three-fourth of the target for the fiscal.
As against the capacity addition target of 11,802 MW for 2019-20, the renewable energy sector added only about 8,711 MW, or about 74 per cent. In 2018-19, the sector added 8,432 MW of new capacity to the grid.
With lower addition in FY20, the sector has missed its capacity addition target for the fourth year in a row.
The sector added 11,754 MW in 2017-18 and 11,320 MW in 2016-17, its highest-ever additions. But in the last two years, new capacity addition slipped below 10,000 MW.
