Peak powerdemand in the country declined by around 22% to 127.96 GW compared to 163.72 GW on March 20, showing the impact of lockdown amid COVID-19 outbreak. In actual terms, the power demand has come down by about 35 GW on March 25, 2020.
Renewable Energy projects under implementation will be given extension of time considering period of lockdown and time required for re-mobilisation of work force, Ministry of New and Renewable Energy (MNRE) Secretary Anand Kumar said.
Global coal power plant development declined for the fourth year running in 2019, while a total of 13 gigawatts (GW) of capacity construction has been delayed so far this year due to the coronavirus, research by environmental organisations.
More than 60 gigawatts (GW) of wind energy capacity was installed around the world last year, driven by market-based mechanisms such as capacity auctions, a market outlook by the Global Wind Energy Council (GWEC). New installations totalled 60.4 GW, up 19% from a year earlier and the second biggest annual addition on record.
Overall, total wind energy capacity last year was more than 651 GW, up 17 per cent from 2018. The main driver of the growth was market-based mechanisms, with auctioned wind capacity surpassing 40 GW worldwide, accounting for two-thirds of total new capacity, the report said.