Green Light for Power: India's Capacity Hits 505 GW

India’s total installed power generation capacity has reached 5,05,023 MW, of which 2,45,600 MW comes from non-fossil fuel sources, including 2,50,643 MW from renewable energy.

Minister of State for Power Shripad Yesso Naik highlighted the government's continued push to scale up renewable energy as part of its goal to achieve 500 GW of non-fossil fuel capacity by 2030. Key initiatives include waiving Inter-State Transmission System (ISTS) charges for Green Hydrogen and offshore wind projects, with incentives available until December 2030. The government has also issued guidelines for tariff-based competitive bidding for renewable energy projects, including wind–solar hybrid systems.

The Ministry of New and Renewable Energy (MNRE) has outlined a renewable energy procurement trajectory for FY 2023–24 to FY 2027–28 and permits 100 percent foreign direct investment in the sector. To further strengthen renewable adoption, the government is expanding transmission infrastructure through new lines and solar park development.

India has also crossed a major milestone by achieving 50 percent of its installed electricity capacity from non-fossil fuel sources—surpassing its target ahead of schedule.

News by Rahul Yelligetti.