India Renewable Energy Capacity Expansion to 359 GW by FY30
Sector: Government • Location: India
Source: BioEnergy Times
Jefferies projects that India's renewable energy capacity will reach 359 GW by fiscal year 2030, supported by government initiatives to strengthen energy security and increase power demand. The government is also planning to add 97 GW of thermal power capacity by 2034-35 to maintain a balanced energy mix. Solar manufacturing is growing with policy support and subsidy schemes, including the PM Sury
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Status
Original status | planned |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Description
Description | Jefferies projects that India's renewable energy capacity will reach 359 GW by fiscal year 2030, supported by government initiatives to strengthen energy security and increase power demand. The government is also planning to add 97 GW of thermal power capacity by 2034-35 to maintain a balanced energy mix. Solar manufacturing is growing with policy support and subsidy schemes, including the PM Suryaghar rooftop solar programme and PM Kusum scheme, contributing significantly to solar installations. |
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Original Currency | USD |
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Data quality score | 100% |
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