New Delhi, Dec 02: India’s installed power capacity has reached 5,05,023 MW, with 2,59,423 MW derived from non-fossil fuel sources, including 2,50,643 MW from renewable energy.
The government aims for 500 GW of non-fossil energy capacity by 2030, implementing measures like waiving Inter-State Transmission System charges for specific renewable projects and issuing bidding guidelines for various renewable sources.
The Ministry of New and Renewable Energy plans a bidding trajectory of 50 GW annually from FY 2023-24 to FY 2027-28 and allows 100% foreign direct investment.
Additionally, the Green Energy Corridor Scheme funds new transmission lines to support the renewable energy sector. India has notably achieved 50% of its installed capacity from non-fossil sources as of June 2025, surpassing its Nationally Determined Contributions’ timeline.
