Encourage Geothermal Energy in India – Possible Contributions by the Indo-German Energy Programme
- Key words
- India, Geothermal Power and Heat, Funding, Financing.
- Location
- India
- Conference
- World Geothermal Congress
- Year
- 2010
- Session
- 4. Economics and Financing
- Language
- English
- Paper number
- 0411
Full text
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Abstract
Geothermal resources in India are known to be able to contribute to the country’s energy supply by more than 10,000 MW of sustainable power. Nevertheless the number of geothermal energy projects is still very small. This presentation tries to increase this number by pointing out how the Indo-German Energy Programme (IGEN) of German Technical Cooperation - Deutsche Gesellschaft fuer technische Zusammenarbeit (GTZ) GmbH - can support feasible projects in the country by giving technical and financial assistance to project developers or technology suppliers.
GTZ is a non-profit enterprise owned by the Government of the Federal Republic of Germany.
Expensive renewable energy can only be commercialised if it comes hand in hand with energy efficiency. In this field the geothermal projects can directly benefit from the vast experience of GTZ in supporting the Bureau of Energy Efficiency, Ministry of Power, Government of India (BEE, MoP) in implementing the energy conservation act under the IGEN.
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