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India has potential to generate about 89,000 MW of power from different renewable energy sources. This is excluding solar energy which has been estimated for most parts of the country at around 20 MW per square km of open, shadow free area covered with solar collectors, the Ministry of New and Renewable Energy said.
A total grid interactive renewable power generation capacity of around 18842 MW has been set up as on 31st January, 2011, which is over 11% of the total power generation installed capacity from all sources in the country, the Ministry added.
The Ministry observed that the initial capital investment in renewable energy projects is generally high and their viability is very much region / site specific. As such, the cost of renewable power generation is generally higher in comparison with the traditional sources.

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