Charting India’s renewable future

Statement 1 is incorrect: India does not feature among the top three global manufacturers of silicon wafers used in photovoltaic (PV) units or solar cells. The top three manufacturers of silicon wafers for PV applications are China, Taiwan, and South Korea. Statement 2 is incorrect: The Solar Energy Corporation of India (SECI) is a government-owned company that facilitates the implementation of solar energy projects in the country, but it does not determine the solar power tariffs. The solar power tariffs in India are determined through a competitive bidding process conducted by various agencies. Hence, the correct answer is option (d) Neither 1 nor 2.

Net metering (also known as net energy metering) is a solar incentive that allows you to store energy in the electric grid. When your solar panels produce excess power, that energy is sent to the grid and in exchange, you can pull from the grid when your system is under-producing like during night-time.

The Indian Renewable Energy Development Agency (IREDA) is a Non-Banking Financial Institution under the administrative control of Ministry of New and Renewable Energy for providing term loans for renewable energy and energy efficiency projects. Statement 1 is correct: IREDA is a Public Limited Government Company established under the Companies Act, 1956.
Statement 2 is correct: IREDA is also registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India (RBI).

* Statement 1 is incorrect: The Mundra Thermal Power Plant employs a closed-cycle induced draft circulating cooling water system that utilises seawater. Seawater is drawn from the Gulf of Kutch through robust glass reinforced pipes of significant diameter. In addition, purified seawater from a reverse osmosis plant is utilised by various supplementary systems. * Statement 2 is incorrect:  According to recent research by WRI (World Resources Institute), 40 percent of India's thermal power plants are situated in regions experiencing significant water stress. This poses a challenge as these plants rely on water for cooling purposes. The scarcity of water is already causing disruptions in electricity generation in these areas, with 14 out of India's 20 largest thermal utilities having experienced at least one shutdown between 2013 and 2016 due to water shortages. * Statement 3 is incorrect:  India has a total of 269 Thermal Power Plants, with 138 of them being owned by the public sector and the remaining 131 owned by the private sector.

The Business Responsibility and Sustainability Report (BRSR) is a disclosure framework introduced by SEBI to promote transparency in a company’s non-financial performance, particularly in Environmental, Social, and Governance (ESG) areas. ❌ Statement I: Incorrect
* SEBI, not the RBI, mandates the submission of BRSR.
* It applies to the top 1,000 listed companies by market capitalization. ✅ Statement II: Correct
* BRSR disclosures are mostly non-financial and focus on areas like environment, social responsibility, and governance.

Statement 1 is correct. The CLIMATE GROUP is an international non-profit organization founded in 2003, with offices in London, New York, New Delhi, Amsterdam, and Beijing. Its mission is to drive rapid climate action. This group builds and runs networks. Statement 2 is incorrect. EP100 is a global initiative led by The Climate Group and the Alliance to Save Energy (not by the International Energy Agency). Statement 3 is correct. The Climate Group's global EP100 initiative brings together a growing cohort of energy-smart companies committed to improving their energy productivity and reducing greenhouse gas emissions. By incorporating ambitious energy targets into their business strategies, leading companies are fostering innovation in energy efficiency, enhancing competitiveness, and achieving emissions reduction goals. Statement 4 is correct. EP100 has a global reach, with member companies operating in over 130 markets worldwide. India's Mahindra Group is among the frontrunners in the ongoing efforts to decrease energy consumption and carbon dioxide emissions by transitioning to renewable energy sources. Statement 5 is incorrect. The Climate Group serves as the Secretariat for the Under2 Coalition and collaborates with governments to expedite climate action through four main workstreams - Pathways, - Policy Action, - Transparency, and - Diplomacy.

We can find the Bureau of Energy Efficiency (BEE) Star Label on all of the following options: - Ceiling fans - Electric geysers - Tubular fluorescent lamps The BEE Star Label is a program that promotes energy efficiency in India by labeling appliances and electronic devices based on their energy consumption. Many different categories of appliances are covered under this program

The aim of the 12th Five Year plan is to achieve 'faster, sustainable and more inclusive growth'. For this purpose, it seeks to achieve:
- 4% growth in the agriculture sector - 10% in the manufacturing sector The total budget of the 12th Five Year plan has been estimated at Rs.47.7 lakh crore which is 135 percent more than that for the 11th Five year Plan (2007-12).

The PM Surya Ghar Muft Bijli Yojana is a major government initiative to expand rooftop solar adoption in the residential sector, while also building technical capacity across the country. ✅ Statement I: Correct
* The scheme targets the installation of 1 crore solar rooftop panels in households. ✅ Statement II: Correct
* The Ministry of New and Renewable Energy (MNRE plans to train grassroots-level workers in installation, operation, and maintenance. ✅ Statement III: Correct
* The scheme aims to create over 3 lakh skilled workers through fresh skilling and up-skilling efforts.

Statement 1 is incorrect. India's Bhadla Solar Park in Rajasthan is the largest solar power park in the world. Statement 2 is correct. Kerala’s Cochin International Airport Ltd (CIAL) is the first airport in the world that would be running fully on solar power. Statement 3 is incorrect. The largest floating solar photovoltaic project in India is not in Goa but in Ramagundam, Telangana. The project is developed by NTPC (National Thermal Power Corporation Limited).