Union Minister for Power and Renewable Energy, R K Singh has said that by 2030, India will be generating around 60% of its total electricity from renewable sources. The minister was addressing a webinar organized by sustainability think-tank The Energy and Resources Institute (TERI).
The minister launched two reports during the webinar, one of which reassesses the country’s energy future following the pandemic. The report, titled ‘Renewable Power Pathways: Modelling the Integration of Wind and Solar in India by 2030’, was launched along with the report titled ‘Bending the Curve: 2025 Forecasts for Electricity Demand by Sector and State in the Light of the COVID Epidemic’. The two reports have been prepared by Energy Transitions Commission (ETC) India, which is a research platform based at the TERI headquarters in New Delhi.
Sharing the ambitious goal, Singh said that by 2030, 450 GW of power generation capacity would come from renewables like solar and wind. Besides 60 GW would come from hydro-electric power, he said. About the progress on clean energy, he said that India’s clean energy capacity including under development projects and hydroelectric power is around 190 GW, which is more than the targeted 175 GW by 2022.
Recently, Singh during his address at the CII Digital Conference on Renewable Energy Manufacturing had said that zero dependence on fossil fuel is required to fully realise the vision behind the Aatmanirbhar Bharat initiative. He further added that once renewable energy and balancing power become cost-effective, thermal electricity and fossil fuel will be a thing of the past.
About TERI
The Energy and Resources Institute (TERI) is a research institute in New Delhi that specializes in the fields of energy, environment and sustainable development. Established in 1974, it was formerly known as the Tata Energy Research Institute. The institute’s research and research-based solutions have had a transformative impact on industry and communities.
