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Reading: India provides report renewable vitality capability of about 30 GW in 2024
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StockWaves > Business > India provides report renewable vitality capability of about 30 GW in 2024
Business

India provides report renewable vitality capability of about 30 GW in 2024

StockWaves By StockWaves Last updated: January 11, 2025 6 Min Read
India provides report renewable vitality capability of about 30 GW in 2024
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India logged a report excessive renewable vitality capability addition of about 30 GW in 2024, greater than 113 per cent greater than 13.75 GW recorded in 2023, in line with the Ministry of New & Renewable Power knowledge.

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

In addition to, India wants so as to add a mean of fifty GW of renewable vitality capability each year over the following six years to realize its goal.

“Exponential progress from 13.75 GW in 2023 to round 30 GW in 2024, leading to attaining practically 218 GW now underscores India’s rising dedication to wash vitality 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 vitality capability as of March 31, 2014.

Because the fiscal 12 months 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 vitality capability addition each year to realize its goal of 500GW by 2030.



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