India's renewable capacity hits 203 GW, solar grows 28%: MNRE

14 Nov 2024 CW Team

India’s renewable energy capacity increased by 24.2 GW, or 13.5 per cent, reaching a total of 203.18 GW in October 2024, according to the latest data from the Ministry of New and Renewable Energy (MNRE). This growth, from 178.98 GW in October 2023, highlights India’s dedication to clean energy and aligns with the ‘Panchamrit’ goals outlined by Prime Minister Narendra Modi.

The growth in renewable energy is mainly driven by solar, which saw an increase of 20.1 GW, reflecting a 27.9 per cent rise from 72.02 GW in October 2023 to 92.12 GW in 2024. The total solar capacity, including projects under implementation and those tendered, now stands at 250.57 GW, up from 166.49 GW the previous year. Wind energy also grew, with its installed capacity rising by 7.8 per cent, from 44.29 GW to 47.72 GW. The wind energy pipeline now holds a total of 72.35 GW in projects.

From April to October 2024, 12.6 GW of renewable capacity was added, including 1.72 GW in October alone. By October 2024, renewable projects under implementation had reached 143.94 GW, and 89.69 GW were tendered, showing strong progress toward India’s clean energy targets. Large hydro projects contributed 46.93 GW, while nuclear power added 8.18 GW to the renewable portfolio, strengthening India’s energy mix.

Minister of New and Renewable Energy, Pralhad Joshi, stated on X that solar capacity had surged by an impressive 28 per cent over the past year, and wind energy had grown by nearly 8 per cent. He emphasised that these significant increases demonstrate India’s commitment to sustainable development and clean energy.

Real Estate

03 Sep 2025

Maharashtra to Revise Infrastructure Policies

The Government of Maharashtra will make every possible effort to frame infrastructure-related policies, including those that promote housing in the state, in line with changing requirements. This assurance was given by Mrs. Meghana Sakore Bordikar, Minister of State, Government of Maharashtra, while addressing the two-day NAREDCO 17th National Convention, “India Builds: Reimagining Growth through Real Estate and Infrastructure”. At the convention, Dr Niranjan Hiranandani, Chairman of NAREDCO, called for a new blueprint for infrastructure policies in the present context.The Minister assured..

Agami Realty Enters Mumbai's Luxury Market

Agami Realty, a leading real estate developer with a legacy of over five decades, has marked its foray into Mumbai’s luxury residential market with two significant redevelopment projects in Bandra, valued at an estimated Rs 9.5 billion. The company, known for its boutique developments that blend sustainability, technology, and design excellence, has already received a strong response to its Bandra offering.Agami Eternity, the firm’s first completed premium redevelopment project in Mumbai, recently received its Occupancy Certificate. Located in Bandra East, the project was designed by inter..

Hafele Launches Its Third Licht Experience Centre in India

Hafele, a global leader in interior solutions, has announced the launch of its third Licht Experience Centre in Ahmedabad. This new centre, located at 302, 31 Five, Opp. Palladium, Corporate Road, Makarba, follows the successful openings in Chandigarh and Indore, further strengthening Hafele's footprint in India. The name “Licht,” which means “light” in German, captures the essence of this experience, where technology meets aesthetics to redefine interior spaces.The Ahmedabad Licht Experience Centre was inaugurated by Mr Frank Schloeder, Managing Director of Hafele South Asia, and Mr P..