India's Renewable Energy Surge: Aiming for 300 GW Milestone

India is on the brink of a major milestone in renewable energy, with over 40 gigawatts of projects poised to secure power purchase agreements. Official reports indicate that India's non-fossil fuel power generation capacity is set to hit the 300 GW mark, a significant leap towards the 2030 target of 500 GW.

As of September 30, India's non-fossil capacity stands at 256 GW, inclusive of substantial hydro and nuclear contributions. The Ministry of New and Renewable Energy highlights that the nation remains a global leader in renewable growth, navigating the complexities of power sale agreements and transmission connectivity.

Despite challenges such as supply-chain disruptions and shifting module prices, India maintains a robust annual addition rate of 15–25 GW. With sustained policy support boosting domestic manufacturing and enhancing transmission, the government is committed to elevating its inter-regional transmission capacity significantly by 2032.