Electricity capacity from non-fossil fuels will reach 65% by 2030: Power Minister

20 Jan 2024

Minister of Power and New & Renewable Energy R. K. Singh said on Friday that India is aiding renewable energy capacity at a pace that is one of the fastest in the world and is likely to increase its power capacity from non-fossil fuels to 65 per cent by 2030.

“We pledged that by 2030 we would source 40% of our capacity from non-fossil-fuel sources, and today, 44% of our capacity will come from non-fossil-fuel sources. We have now increased our target, and while we have pledged to get 50% of our capacity from non-fossil fuel sources by 2030, we will get 65% of our capacity from non-fossil sources by 2030," minister said at an event.

He added that the country has already installed 187 GW of renewable capacity. The Minister informed the industry that the total investment made in the power sector in the last nine years is approximately Rs 17 lakh crore and includes an investment of Rs 17.5 lakh crore in capacity under construction.