By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Happen Recently
  • Home
  • Business
  • Startup
  • MSME
  • India
    • Politics
    • Sports
    • Entertainment
    • History
  • International
  • Magzine
Reading: India’s renewable energy capacity has seen significant growth over the past decade, with a 138% increase between the fiscal years 2014 and 2023. 
Share
Aa
Aa
Happen Recently
  • Business
  • MSME
  • Startup
  • India
  • International
  • Get App
  • Magzine
  • Home
  • Business
  • Startup
  • MSME
  • India
    • Politics
    • Sports
    • Entertainment
    • History
  • International
  • Magzine
BusinessIndia

India’s renewable energy capacity has seen significant growth over the past decade, with a 138% increase between the fiscal years 2014 and 2023. 

Team Happen Recently
Last updated: 2024/01/29 at 10:06 AM
Team Happen Recently
Share
1 Min Read
SHARE

Data from the Central Electricity Authority reveals that renewable power now accounts for 43% of India’s total installed power capacity, up from 31% in 2014-15.

 The country’s total renewable energy capacity has reached 180 GW in 2023, up from 75.5 GW in 2014. 

Furthermore, the government has set a target to triple its renewable energy share to 500 GW by 2030, with plans to add 50 GW of renewable energy capacity each year. 

The government agencies are actively tendering contracts for solar, wind, and hydro capacity to achieve this target. However, experts believe that meeting this target may be challenging due to the increasing demand for power and the intermittency of renewables-based generation. 

As a result, India has decided to continue using fossil fuels to meet its rising power demand. The country aims to increase its non-fossil based capacity to 57.4% by 2026-27 and 68.4% by the end of 2031-32.

For more information visit at https://happenrecently.com/zepto/?amp=1

You Might Also Like

From Villages to Villas: Samyog Living Makes Handcrafted Indian Furniture Accessible and Ethical

Myntra: Revolutionizing Fashion E-Commerce in India

Lenskart: Revolutionizing Eyewear in India

Furnliv Redefines Indian Furniture Retail: Merging Global Design with Homegrown Manufacturing Excellence

Infosys CEO Salil Parekh’s Salary Rises to ₹80.6 Crore: What This Means for India’s Tech Sector

TAGGED: Business, Economy, happenrecently, India

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Copy Link Print
Previous Article Budget 2024: Expectations of Women Entrepreneurs from FM Nirmala Sitharaman
Next Article Munnar Holidays Munnar Holidays: Pioneering Kerala Tourism and Expanding Horizons in Film Production and Travel Services.
Leave a comment Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Happen Recently
Follow US

© 2023 Happen Recently. All Rights Reserved.

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
Go to mobile version
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?