India to achieve 450 GW renewable energy installed capacity by 2030

India to achieve 450 GW renewable energy installed capacity by 2030

    12-Oct-2021   
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India is all set to achieve 450 GW renewable energy installed capacity by year 2030, said the Ministry of New and Renewable Energy.

The MNRE in collaboration with Federation of Indian Chambers of Commerce and Industry / FICCI organised events, from October 6-8, 2021 during Climate and Biodiversity Week at Expo 2020 Dubai.

According to the official statement by Ministry of New and Renewable Energy, the events covered themes of India's Renewable Energy Achievements and Ambitions, Emerging Areas and Opportunities for Renewable Energy in India. Focussed events were lead by Solar Energy Corporation of India (SECI) and Indian Renewable Energy Development Agency (IREDA).

Addressing the event on Monday, Union Minister for New and Renewable Energy, RK Singh said, “India is already ahead of what we pledged in our Nationally Determined Contributions (NDCs). Already 39 per cent of our installed capacity is from non-fossil based sources. By 2022 we will reach our target of 40%.”

He further added, “We are launching the Green Corridor Phase 2 and we are generally expanding transmission to put in place systems for renewable power evacuation from sites where irradiation is high, or wind speed is high.”

The minister said, “India has embarked on an exciting journey and is treading where no one has ventured before, and SECI will continue to work towards meeting the ambition of 450 GW by 2030.”