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

13 Oct 2021 CW Team

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

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..