The Indian government have formulated a draft policy, which could see 10 GW of geothermal power being added to the country’s capacity by 2030.
PlanetSave reports that the Ministry of New and Renewable Energy (MNRE) has floated the policy for large-scale development of geothermal power projects in the country, which have up until now been relatively untapped..
The policy calls for an installed geothermal power capacity of 1 GW by 2022, which will then be increased to 10 GW by 2030. The policy also calls for partnerships with the US, Philippines, Mexico, and New Zealand, which have some experience in the development and operation of geothermal power projects.
MNRE commissioned a research, development, and demonstration program involving geothermal energy a couple of years ago, at locating potential geothermal energy exploration sites in several states across the country.
Many of these states have confirmed the identification of geothermal potential sites. Some of the most active geothermal sites are believed to be located in Jammu & Kashmir with significant resources potentially present in Himachal Pradesh and in central India.
Some Indian companies, like Tata Power and Thermax, have tied up with international companies, possibly to get access to technology, but those agreements have yet to convert into real project developments.