India is one of the largest and fastest growing economies in the world, as well as an expansive populace of above 1.1 billion people. There is a very high demand for energy, which is currently satisfied mainly by coal, foreign oil and petroleum, which apart from being a non-renewable, and therefore non-permanent solution to the energy crisis, it is also detrimental to the environment. The price of crude oil has risen sharply over the last few years, and there are no signs of a change in this trend. Thus, it is imperative that India obtains energy security without affecting the booming economy, which would mean that alternative energy sources be found. This would mean that the country must switch from the nonrenewable energy - crude oil and coal - to renewable energy.
India is determined to becoming one of the world's leading clean energy producers. The Government of India has already made several provisions, and established many agencies that will help it achieve its goal. Renewable Energy, excluding large hydro projects already account for 9% of the total installed energy capacity, equivalent to 12,610 MW of energy. In combination with large hydro, the capacity is more than 34%, i.e. 48,643MW, in a total installed capacity of 144980 MW.
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