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Economy - Reports

03-Nov-2026      10:55

Non-fossil fuel-based installed capacity surges past 200 GW

Union Minister for New and Renewable Energy, Pralhad Joshi, underscored India's significant advancements in the renewable energy landscape. He noted that India’s non-fossil fuel-based installed capacity surpassed 200 GW in September 2024. The capacity has subsequently reached 310 GW, reflecting an expansion of over 110 GW within a two-year timeframe. Joshi also reported that, under the direction of Prime Minister Shri Narendra Modi, PM Surya Ghar has exceeded 65 lakh installations, with more than one lakh installations occurring every six days. Regarding investment within the renewable energy sector, Joshi indicated that total investment has exceeded USD 67 billion over the past two years, representing the largest investment in any sector.

News source: Capital Market - Live News

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