India's Non-Fossil Capacity Rises 22% to 297.36 GW in June

16 Jul 2026 CW Team

India's non-fossil fuel-based energy capacity rose 22 per cent to 297.36 gigawatt (GW) in June, reflecting continued additions to the low-carbon power fleet.

The increase underscores the expanding role of non-fossil sources in the country's generation mix and the aggregate capacity has risen year on year.

The term non-fossil fuel-based energy covers renewable sources such as solar and wind as well as hydro and nuclear technologies.

Growth in capacity has been attributable to sustained commissioning of utility-scale projects and distributed generation deployments, and manufacturing of components and deployment of distributed systems have complemented large-scale plant build-outs without altering investment patterns markedly.

Policy measures, competitive auctions and declining technology costs have been cited as enablers of recent additions to capacity and investment flows into clean power projects and associated transmission assets have supported the pace of commissioning.

Operators and planners will continue to assess grid integration and scheduling as variable sources gain a larger footprint, with market participants reported to be focusing on operational readiness and capacity factors as new units enter service.

The rise to 297.36 GW will influence planning for peak demand, reserves and ancillary services as the system adapts.

Further capacity additions and complementary measures such as storage and flexible generation are likely to be focal points for stakeholders, and the transition will require continued coordination between central and state systems to ensure adequate evacuation and scheduling of new capacity.

Authorities and market participants will monitor subsequent data releases to track progress against longer term energy and climate targets.

Real Estate

16 Jul 2026

VeARC leases 27,000 sq ft office space in Bengaluru

VeARC India has leased approximately 27,000 sq ft of office space at The Executive Centre's (TEC) Helios Business Park on Outer Ring Road (ORR), Bengaluru, to support the expansion of its Global Capability Centre (GCC) operations.The new workspace accommodates more than 450 workstations and is intended to support the company's growing workforce in India. VeARC India serves as the Global Capability Centre for Long Arc Capital.Located on Bengaluru's Outer Ring Road, the office provides access to one of the city's key technology and business corridors. The expansion comes amid continued growth in..

Bharat Shah Family Buys Four Luxury Apartments In Worli For Rs1.8 bn

The family of veteran investor Bharat Shah has acquired four ultra-luxury apartments on the higher floors of Kalpataru One in Worli, South Mumbai, for Rs1.8 billion (bn). The purchases were registered on 6 July 2026 and were executed through Preeti Bharat Shah and Kinnari Bharat Shah, who bought the flats from Kalpataru Properties Limited. Property registration documents reviewed by Zapkey show the total consideration at Rs1.7941 billion. The transactions recorded a per square foot RERA carpet price of Rs0.101 million (mn), with each apartment valued at about Rs448.5 million. The four residenc..

NITI Aayog Consultation On Critical Mineral Supply Chains

NITI Aayog convened a stakeholder consultation in New Delhi on Wednesday to assess requirements for critical minerals across strategic sectors, bringing together experts from government, research institutions, academia and industry. The meeting aimed to estimate current and future demand, identify supply chain vulnerabilities and discuss measures to strengthen domestic capabilities in exploration, processing and recycling. The exercise formed part of broader efforts to secure mineral value chains essential for economic growth, technological advancement and national security.\n\nDiscussions con..