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India provides document renewable power capability of about 30 GW in 2024

by Index Investing News
January 11, 2025
in Financial
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India logged a document excessive renewable power capability addition of about 30 GW in 2024, greater than 113 per cent larger than 13.75 GW recorded in 2023, in accordance with the Ministry of New & Renewable Power knowledge.

This assumes significance in view of India’s formidable plan to have 500 GW of renewable power capability within the nation by 2030.

Moreover, India wants so as to add a mean of fifty GW of renewable power capability every year over the subsequent six years to attain its goal.

“Exponential development from 13.75 GW in 2023 to round 30 GW in 2024, leading to reaching almost 218 GW now underscores India’s rising dedication to wash power and its progress in constructing a greener future,” New & Renewable Power Minister Pralhad Joshi stated in a publish on X.

In keeping with the ministry knowledge, India had 35.84 GW of renewable power capability as of March 31, 2014.

For the reason that fiscal yr 2014-15, when the NDA authorities took the reins on the Centre, India recorded the very best renewable capability addition of 18.48 GW in 2023-24.

The federal government is eyeing including 50GW of renewable power capability addition every year to attain its goal of 500GW by 2030.





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