India Sets 5 Priorities to Boost Clean Energy Goals
POWER & RENEWABLE ENERGY

India Sets 5 Priorities to Boost Clean Energy Goals

Emphasising the Government of India’s commitment to building a resilient and self-reliant renewable energy sector, Union Minister for New and Renewable Energy, Shri Pralhad Joshi, outlined five key priorities for India’s clean energy transition. These include strengthened power purchase agreements (PPAs), robust grid and storage infrastructure, domestic manufacturing, optimised land use, and improved access to finance.
Speaking at the Mercom India Renewables Summit in New Delhi, the Minister highlighted that these priorities are instrumental in advancing India towards its 2030 target of 500 GW of non-fossil fuel capacity. Under the leadership of Prime Minister Narendra Modi, India is not only meeting its commitments but accelerating its progress.
Shri Joshi announced that India has already achieved over 50 per cent of its installed power capacity from non-fossil sources—five years ahead of the Nationally Determined Contribution (NDC) timeline. The country’s current renewable energy capacity stands at over 245 GW, including 116 GW of solar and 52 GW of wind power.
Citing an International Renewable Energy Agency (IRENA) report, the Minister said that India’s renewable energy expansion in 2024 has helped the nation save nearly Rs 4 trillion by avoiding fossil fuel imports and pollution-related expenses. This includes USD 14.9 billion in fossil fuel savings, 410.9 million tonnes of carbon dioxide emissions avoided, and USD 31.7 billion in health and air pollution-related benefits.
The government is accelerating this growth through major programmes such as the PM Surya Ghar: Muft Bijli Yojana, which has received over 5.87 million applications and resulted in 1.72 million rooftop solar installations. To ensure financial viability and long-term sector stability, a Rs 54 billion Viability Gap Funding (VGF) scheme has been introduced for 30 GWh of Battery Energy Storage Systems (BESS), expected to attract Rs 330 billion in investment.
A national transmission plan has also been devised to support the evacuation of 500 GW of non-fossil capacity by 2030, in coordination with the Ministry of Power, CEA, CTU, and POWERGRID. Additionally, the Approved List of Models and Manufacturers (ALMM) has been expanded, with List-II for solar PV cells set to come into effect in June 2026. A Rs 240 billion Production Linked Incentive (PLI) scheme is also propelling domestic solar and wind manufacturing.
To foster innovation and sustainable land use, the government is backing floating solar projects, canal-top installations, agrivoltaics, and clean energy ventures in tribal and remote areas. MSMEs and startups are being empowered to lead energy innovations at scale.
The National Green Hydrogen Mission is progressing swiftly with a Rs 197.4 billion outlay. Key milestones include allocation of 3,000 MW electrolyser capacity and approvals for 860,000 tonnes per annum of green hydrogen production.

Emphasising the Government of India’s commitment to building a resilient and self-reliant renewable energy sector, Union Minister for New and Renewable Energy, Shri Pralhad Joshi, outlined five key priorities for India’s clean energy transition. These include strengthened power purchase agreements (PPAs), robust grid and storage infrastructure, domestic manufacturing, optimised land use, and improved access to finance.Speaking at the Mercom India Renewables Summit in New Delhi, the Minister highlighted that these priorities are instrumental in advancing India towards its 2030 target of 500 GW of non-fossil fuel capacity. Under the leadership of Prime Minister Narendra Modi, India is not only meeting its commitments but accelerating its progress.Shri Joshi announced that India has already achieved over 50 per cent of its installed power capacity from non-fossil sources—five years ahead of the Nationally Determined Contribution (NDC) timeline. The country’s current renewable energy capacity stands at over 245 GW, including 116 GW of solar and 52 GW of wind power.Citing an International Renewable Energy Agency (IRENA) report, the Minister said that India’s renewable energy expansion in 2024 has helped the nation save nearly Rs 4 trillion by avoiding fossil fuel imports and pollution-related expenses. This includes USD 14.9 billion in fossil fuel savings, 410.9 million tonnes of carbon dioxide emissions avoided, and USD 31.7 billion in health and air pollution-related benefits.The government is accelerating this growth through major programmes such as the PM Surya Ghar: Muft Bijli Yojana, which has received over 5.87 million applications and resulted in 1.72 million rooftop solar installations. To ensure financial viability and long-term sector stability, a Rs 54 billion Viability Gap Funding (VGF) scheme has been introduced for 30 GWh of Battery Energy Storage Systems (BESS), expected to attract Rs 330 billion in investment.A national transmission plan has also been devised to support the evacuation of 500 GW of non-fossil capacity by 2030, in coordination with the Ministry of Power, CEA, CTU, and POWERGRID. Additionally, the Approved List of Models and Manufacturers (ALMM) has been expanded, with List-II for solar PV cells set to come into effect in June 2026. A Rs 240 billion Production Linked Incentive (PLI) scheme is also propelling domestic solar and wind manufacturing.To foster innovation and sustainable land use, the government is backing floating solar projects, canal-top installations, agrivoltaics, and clean energy ventures in tribal and remote areas. MSMEs and startups are being empowered to lead energy innovations at scale.The National Green Hydrogen Mission is progressing swiftly with a Rs 197.4 billion outlay. Key milestones include allocation of 3,000 MW electrolyser capacity and approvals for 860,000 tonnes per annum of green hydrogen production.

Next Story
Infrastructure Urban

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Next Story
Real Estate

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Next Story
Real Estate

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement