India’s Renewable Energy Capacity Reaches 168.96 GW till February 2023
Economy

India’s Renewable Energy Capacity Reaches 168.96 GW till February 2023

The total installed renewable energy capacity in India touched 168.96 GW by February 2023-end, RK Singh, Union Minister for Power, New and Renewable Energy, informed the Parliament on March 22.

In the written reply to the Rajya Sabha, the union minister said that out of the total 168.96 GW, 64.38 GW is solar power capacity, 51.79 GW hydro, 42.02 GW wind and 10.77 GW bio power. Another 82.62 GW of green energy capacity is under implementation and 40.89 GW of capacity is under various stages of tendering.  A total of 3,16,754.86 MU of electricity has been generated from renewable energy sources during the current year 2022-23 (up to January 2023), Singh told the Upper House.

According to the minister, India’s total power generation capacity was at 412.21 GW as on February 28, 2023. The government’s aim is to achieve 500 GW of installed electricity capacity from non-fossil sources by 2030.

India is ranked third in the Renewable Energy Country Attractive Index in 2021. The country is now the third largest energy-consuming country globally. Furthermore, India ranks fourth in the world for renewable energy installed capacity, wind power capacity, and solar power capacity, according to the REN21 Renewables 2022 Global Status Report.