+
India on track to reach 450 GW RE capacity by 2030: Power ministry
POWER & RENEWABLE ENERGY

India on track to reach 450 GW RE capacity by 2030: Power ministry

According to the Ministry of New and Renewable Energy (MNRE), India is on track to reach 450 GW of renewable energy installed capacity by 2030. The ministry in collaboration with FICCI, hosted a series of events from October 6 to 8 during Expo 2020 Dubai's Climate and Biodiversity Week.

India's Renewable Energy Achievements and Ambitions; Emerging Areas and Opportunities for Renewable Energy in India were among the topics discussed at the events. The Indian Renewable Energy Development Agency (IREDA) and Solar Energy Corporation of India (SECI) hosted the events.

The International Solar Alliance also hosted an event with the theme of One Sun, One World, One Grid (OSOWOG), promoting interconnection across borders to harness solar energy without interruption.

RK Singh, Minister of Power, New and Renewable Energy, spoke at the MNRE-FICCI - SECI event, emphasising that the world is on the verge of transformation and that immediate corrective action is required to mitigate climate change.

Singh also informed that renewable energy intermittency is a global challenge, emphasising that battery storage per unit is currently high and needs to be reduced.

There is already a Production Linked Incentive (PLI) in place for battery storage, and demand must be boosted to lower storage prices, said Singh.

Singh said that SECI has experienced promising growth and is expected to maintain this momentum as new and emerging areas in the clean energy space are poised for a boom, as well as his vision of SECI becoming a new world energy conglomerate.

SECI will continue to work toward the goal of 450 GW by 2030.

Khuba said that India is set to tap into more than 70 GW of offshore wind potential in his Keynote address on the theme of Renewable Energy in India: Emerging Areas and Opportunities.

Indu Shekhar Chaturvedi, Secretary, Ministry of New and Renewable Energy, Government of India, said that to a large extent, India's current RE capacity additions are the result of favourable public policy, and the private sector has played a key role in achieving this.

Image Source


Also read: PM discusses India’s renewable energy scenario with First Solar CEO

According to the Ministry of New and Renewable Energy (MNRE), India is on track to reach 450 GW of renewable energy installed capacity by 2030. The ministry in collaboration with FICCI, hosted a series of events from October 6 to 8 during Expo 2020 Dubai's Climate and Biodiversity Week. India's Renewable Energy Achievements and Ambitions; Emerging Areas and Opportunities for Renewable Energy in India were among the topics discussed at the events. The Indian Renewable Energy Development Agency (IREDA) and Solar Energy Corporation of India (SECI) hosted the events. The International Solar Alliance also hosted an event with the theme of One Sun, One World, One Grid (OSOWOG), promoting interconnection across borders to harness solar energy without interruption. RK Singh, Minister of Power, New and Renewable Energy, spoke at the MNRE-FICCI - SECI event, emphasising that the world is on the verge of transformation and that immediate corrective action is required to mitigate climate change. Singh also informed that renewable energy intermittency is a global challenge, emphasising that battery storage per unit is currently high and needs to be reduced. There is already a Production Linked Incentive (PLI) in place for battery storage, and demand must be boosted to lower storage prices, said Singh. Singh said that SECI has experienced promising growth and is expected to maintain this momentum as new and emerging areas in the clean energy space are poised for a boom, as well as his vision of SECI becoming a new world energy conglomerate. SECI will continue to work toward the goal of 450 GW by 2030. Khuba said that India is set to tap into more than 70 GW of offshore wind potential in his Keynote address on the theme of Renewable Energy in India: Emerging Areas and Opportunities. Indu Shekhar Chaturvedi, Secretary, Ministry of New and Renewable Energy, Government of India, said that to a large extent, India's current RE capacity additions are the result of favourable public policy, and the private sector has played a key role in achieving this. Image SourceAlso read: PM discusses India’s renewable energy scenario with First Solar CEO

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?