India Third Globally In Renewable Energy Capacity
POWER & RENEWABLE ENERGY

India Third Globally In Renewable Energy Capacity

India ranks third globally in renewable energy installed capacity according to the International Renewable Energy Agency (IRENA) statistics for 2026, moving ahead of Brazil in the rankings. The Government reported that total installed capacity from non-fossil fuel sources reached 283.46 GW as on 31 March 2026.

In fiscal year 2025–26 the country recorded a non-fossil capacity addition of 55.3 GW, the highest annual increase to date. In July 2025 renewables met 51.5 per cent of the country’s electricity demand of 203 GW. Total power generation up to March 2026 reached 1,845.921 billion units (BU) and the share of non-fossil fuels in generation was 29.2 per cent, equal to 538.97 BU.

Renewable energy capacity reached 274.68 GW as on 31 March 2026, comprising solar power of 150.26 GW, wind power of 56.09 GW, bioenergy of 11.75 GW, small hydro of five point one seven GW and large hydro of 51.41 GW, while nuclear capacity stood at eight point seven eight GW. Distributed renewable energy from solar contributed 16.3 GW out of the 44.61 GW installed in 2025–26, including seven point six GW under PM KUSUM and eight point seven GW from rooftop installations.

Solar capacity has expanded dramatically since 2014, rising from two point eight two GW to 150.26 GW, while wind capacity increased from 21.04 GW to 56.09 GW. Wind energy recorded its highest ever annual addition of six point zero five GW in 2025–26 and cumulative wind capacity has crossed 56 GW.

The Ministry of New and Renewable Energy (MNRE) is advancing policy measures to reach 500 GW of non-fossil installed capacity by 2030 and has implemented fiscal and regulatory reforms to support domestic manufacturing and deployment. Expenditure in FY 2025–26 against the budget estimate was Rs 241.77 bn of an allocation of Rs 265.49 bn, with the revised estimate at Rs 253.01 bn, while a Rs 500 crore allocation for wind support equates to Rs five bn and the bioenergy budget of Rs 998 crore corresponds to Rs nine point nine eight bn.

India ranks third globally in renewable energy installed capacity according to the International Renewable Energy Agency (IRENA) statistics for 2026, moving ahead of Brazil in the rankings. The Government reported that total installed capacity from non-fossil fuel sources reached 283.46 GW as on 31 March 2026. In fiscal year 2025–26 the country recorded a non-fossil capacity addition of 55.3 GW, the highest annual increase to date. In July 2025 renewables met 51.5 per cent of the country’s electricity demand of 203 GW. Total power generation up to March 2026 reached 1,845.921 billion units (BU) and the share of non-fossil fuels in generation was 29.2 per cent, equal to 538.97 BU. Renewable energy capacity reached 274.68 GW as on 31 March 2026, comprising solar power of 150.26 GW, wind power of 56.09 GW, bioenergy of 11.75 GW, small hydro of five point one seven GW and large hydro of 51.41 GW, while nuclear capacity stood at eight point seven eight GW. Distributed renewable energy from solar contributed 16.3 GW out of the 44.61 GW installed in 2025–26, including seven point six GW under PM KUSUM and eight point seven GW from rooftop installations. Solar capacity has expanded dramatically since 2014, rising from two point eight two GW to 150.26 GW, while wind capacity increased from 21.04 GW to 56.09 GW. Wind energy recorded its highest ever annual addition of six point zero five GW in 2025–26 and cumulative wind capacity has crossed 56 GW. The Ministry of New and Renewable Energy (MNRE) is advancing policy measures to reach 500 GW of non-fossil installed capacity by 2030 and has implemented fiscal and regulatory reforms to support domestic manufacturing and deployment. Expenditure in FY 2025–26 against the budget estimate was Rs 241.77 bn of an allocation of Rs 265.49 bn, with the revised estimate at Rs 253.01 bn, while a Rs 500 crore allocation for wind support equates to Rs five bn and the bioenergy budget of Rs 998 crore corresponds to Rs nine point nine eight bn.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement