India to generate over 65% of its electricity using non-fossil fuels, says Power Minister

18 Oct 2022 , 10:43 AM

According to RK Singh, minister of power and new and renewable energy, India would generate more than 65% of its electricity from non-fossil fuels by 2030. Speaking at a CII conference on green energy, he noted that although India is aiming for a 65% capacity for non-fossil fuel power generation, the nation will have more than that.

By 2030, India would have 90 GW of manufacturing capacity for solar equipment, up from 20 GW at the moment, he noted. Additionally, he stated that 40 GW of such facilities will be located in India as part of the Production-Linked Incentive Scheme-II, which is currently under development and will add 15-20 GW of solar equipment manufacturing capacity (PLI-II).

By 2030, he predicted, “we shall have 90GW plus solar manufacturing capacity right from the polysilicon to modules. We already have 20GW (solar manufacturing capacity), we know that 15-20 GW of solar manufacturing capacity is under construction, and you will further have 40 GW of solar manufacturing capacity (addition), which is going to come under Solar PLI-II.”

Additionally, the minister urged the company to start producing high-efficiency solar equipment. He claimed that the nation already has 170 GW of renewable energy (including huge hydro), and that an additional 80 GW is being built. By 2030, India wants to have 500 GW of renewable energy.

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