India’s Renewable Energy Capacity Rises 15.84% In 2024
POWER & RENEWABLE ENERGY

India’s Renewable Energy Capacity Rises 15.84% In 2024

India’s total renewable energy installed capacity reached 209.44 GW by December 2024, recording a 15.84% increase from 180.80 GW in December 2023, according to the union ministry of new and renewable energy (MNRE). 

The country added 28.64 GW of renewable energy capacity during 2024, a 119.46% rise compared to the 13.05 GW added in the previous year. 

Solar power led the growth, with 24.54 GW added in 2024, raising its cumulative installed capacity by 33.47% from 73.32 GW in December 2023 to 97.86 GW in December 2024. Wind energy contributed an additional 3.42 GW, increasing total wind capacity by 7.64% to 48.16 GW from 44.74 GW in 2023. 

Bioenergy capacity rose by 4.70%, from 10.84 GW in December 2023 to 11.35 GW in December 2024. Small hydro power projects saw a 2.20% growth, with installed capacity increasing to 5.10 GW from 4.99 GW during the same period. 

The MNRE, led by Union Minister Pralhad Joshi, attributed the growth to ongoing efforts to achieve the target of 500 GW renewable energy capacity by 2030, as outlined under India’s ‘Panchamrit’ goals. 

India’s total renewable energy installed capacity reached 209.44 GW by December 2024, recording a 15.84% increase from 180.80 GW in December 2023, according to the union ministry of new and renewable energy (MNRE). The country added 28.64 GW of renewable energy capacity during 2024, a 119.46% rise compared to the 13.05 GW added in the previous year. Solar power led the growth, with 24.54 GW added in 2024, raising its cumulative installed capacity by 33.47% from 73.32 GW in December 2023 to 97.86 GW in December 2024. Wind energy contributed an additional 3.42 GW, increasing total wind capacity by 7.64% to 48.16 GW from 44.74 GW in 2023. Bioenergy capacity rose by 4.70%, from 10.84 GW in December 2023 to 11.35 GW in December 2024. Small hydro power projects saw a 2.20% growth, with installed capacity increasing to 5.10 GW from 4.99 GW during the same period. The MNRE, led by Union Minister Pralhad Joshi, attributed the growth to ongoing efforts to achieve the target of 500 GW renewable energy capacity by 2030, as outlined under India’s ‘Panchamrit’ goals. 

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Energy

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..

Next Story
Real Estate

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement