India has reiterated its medium-term targets for renewable energy installed capacity. The targets, up to 2030, will result in a 40% share of renewable energy capacity in the overall power generation in India.
A high-ranking official at the Ministry of New and Renewable Energy (MNRE) recently stated that India will target an installed capacity of 500 gigawatts across all renewable energy technologies by 2030. The installed capacity target for the overall power sector is 850 gigawatts by the same year. This translates in a share of around 59% for renewable energy technologies in the installed capacity base, up from the current 22%.
