Snapshot

Creating a sustainable world

India ranks 3rd in renewable energy country attractive index in 2021.

The country has set an ambitious target to achieve a capacity of 175 GW worth of renewable energy by the end of 2022, which expands to 450 GW by 2030. This is the world's largest expansion plan is in renewable energy.

India’s installed renewable energy capacity has increased by over two and a half times and stands at more than 141 Giga Watts (including large Hydro), which is about 37 per cent of the country’s total capacity (as on 16th June 2021). During the same period, the installed solar energy capacity has increased by over 15 times, and stands at 41.09 GW.

Up to 100% FDI is allowed under the automatic route for renewable energy generation and distribution projects subject to provisions of The Electricity Act, 2003.
For further details, please refer FDI Policy

  • + GW

    Renewable energy potential in India

  • GW

    Installed renewable energy capacity (as of August 2021)

  • %

    Share in total installed capacity

  • %

    increase in renewable installed capacity (FY 2013-14 to FY 2020-21)

5th largest installed capacity of renewable energy in the world

4th largest installed capacity of wind power in the world

Fifth-largest solar installed capacity in the world

Industry Scenario

Renewable energy sources have a combined installed capacity of 96+ GW.

As of 31 June 2021, the total installed capacity for Renewables is 96.95 GW

The following is the break up of total installed capacity for Renewables, as of 31 May 2021:

  • Wind power: 39.44 GW
  • Solar Power: 41.09 GW
  • BioPower: 10.34 GW
  • Small Hydro Power: 4.79 GW 

Wind energy capacity in India has increased by 2.2 times from FY 2016-17 to FY 2020-21

Solar power capacity has increased by more than 5 times in the last five years from 6.7 GW to 40 GW in March 2021. Government of India further targets to increase the total Renewable Energy Capacity to 450GW by 2030.

  • 42 solar parks of aggregate capacity 23,499 MW have been approved in 17 states up to March 2019
  • Solar Parks in Pavagada (2 GW), Kurnool (1 GW) and Bhadla-II (648 MW) included in top 5 operational solar parks of 7 GW capacity in the country
  • The world’s largest renewable energy park of 30 GW capacity solar-wind hybrid project is under installation in Gujarat

GROWTH DRIVERS

  • Government commitments

    Reduce the emissions intensity of GDP by 33% - 35% below the 2005 levels and increase share of non-fossil fuel in total capacity to ~40% by 2030

  • Proposed solar cities and parks

    60 solar cities approved and $1.3 bn allocated for setting up 50 solar parks of 40GW by 2020

  • New areas of opportunities

    Wind – Solar Hybrid, Off-shore Wind Energy, Floating PV Projects, Green Hydrogen

  • Atmanirbhar Bharat

    PLI scheme in Solar PV manufacturing with financial outlays of INR 4,500 crores introduced under Atmanirbhar Bharat 3.0. Imposition of Basic Customs Duty of 25% on Solar Cell & 40% on Solar PV Modules w.e.f. 01.04.2022

arrowarrow

Production Linked Incentive (PLI) Scheme

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in High Efficiency Solar PV Modules for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat.

  • INR 4,500 cr

    Scheme Outlay

Products

Industrial Land Bank Portal

GIS - based map displaying available infrastructure for setting up business operations in the state.

Major Investors

Data On Map

Latest In Renewable Energy

ReportSep 21, 2021

Global Innovation Index 2021

Read Now

Report

Global Innovation Index 2021

Brochure

Renewable Energy Sector

Report

India's Rising Solar Sector

Report

Inside India's Production Linked Incentive…

Annual Report

Annual Report 2020-21 | Ministry of New and…

FAQs

Frequently
Asked Questions

How many states are classified under solar city development programme?

Under the 'Development of Solar Cities Programme', there are in total 60 solar cities identified.

For more information, click here.

Was it helpful?

What is a solar city?

The Solar City aims at minimum 10% reduction in projected demand of conventional energy at the end of five years, through a combination of enhancing supply from renewable energy sources in the city and energy efficiency measures. The basic aim is to motivate the local Governments for adopting renewable energy technologies and energy efficiency measures.

For more information, click here.

Was it helpful?

What are the new technologies undertaken by the government in this sector?

The Ministry of New and Renewable Energy (MNRE) has taken up various programmes on new technologies. As part of these programmes, various projects pertinent to research, development and demonstration have been initiated. These initiatives have been at various research, scientific and educational institutes, universities, national laboratories, industry, etc. These projects are helping in the development of indigenous research and industrial base, expertise, trained manpower and prototypes/devices/systems in the country

a. Hydrogen Energy
b. Chemical Sources of Energy (Fuel Cells)
c. Battery Operated Vehicles
d. Geo Thermal Energy
e. Ocean Energy
f. Biofuels

Was it helpful?

What is strategy related to R&D?

R&D for technology development in industry -driven and goal oriented.

1. Involvement of industry and scientific establishment.
2. Access technological development elsewhere avoiding 'Reinventing the wheel'.
3. Indigenous R&D for new and emerging technologies and improvement of available technologies.
4. Time bound specific tasks for identified R&D activities to be assigned to recognized / identified industry and institutions with clear understanding on the achievement of results.

Was it helpful?

What is the state-wise electricity generation capacity?

The electricity generation capacity is listed state wise, which can be accessed from the link.

Was it helpful?

VIEW ALL

Invest India Timeline

2021
DRAG TO VIEW MORE
pin
Team India Blogs
SDG India Index and Dashboard: Shimla
Authored By:
Strategic Investment Research Unit (SIRU)

Disclaimer: All views and opinions that may be expressed in the posts on this page as well as post emanating from this page are solely of the individual in his/her personal capacity