Indian geo-thermal energy development framework
India proposes to harness 1,000 MW of geothermal energy till 2022 and 10,000 MW by 2030.
As per the vision of Honorable Prime Minister on “24x7- Power For All”, the Government is committed to bring about a transformative change in the power sector and ensure affordable 24x7 power for all homes, industrial and commercial establishments and adequate power for farms, in the next few years. The geothermal policy envisages to make a substantial contribution to India’s long-term energy supply and reduce our national greenhouse gas emissions by developing a sustainable, safe, secure, socially and environmentally responsible geothermal energy industry, apart from creating new employment opportunities and leading to environmentally sustainable development by the means of deployment of 1,000 MW(therm) and 20 MW(elect) Geothermal Energy Capacity in the initial phase till 2022 and 10,000 MW(therm) & 100 MW(elect) by 2030. The demand of electricity requirement can be mitigated by deploying Ground Source Heat Pumps (GSHP’S) and retrofitting the existing HVAC systems with Geo-exchange based system. Ministry is planning to encourage the International Collaboration with the world leaders in Geothermal Energy like USA, Philippines, Indonesia, Mexico and New Zealand for support to accelerate deployment of geothermal energy by international investment promotion (100% FDI in RE Sector), Customized capacity building and technical assistance to key stakeholders, help in mitigating the exploratory risk, technological support etc.
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