India received strong global endorsement for India’s Renewable Energy Transition Roadmap at WEF 2026 as India achieved the milestone of 50% of its cumulative installed electricity capacity from non-fossil fuel sources, five years ahead of its 2030 target.
India’s Renewable Energy Transition
- Manufacturing Capacity: India’s renewable energy manufacturing capacity has expanded to 144 GW.
- Alternative Fuels: Ethanol blending programme has resulted in reduction of 813 lakh metric tonnes of CO₂ emissions.
- Alongside biofuels, India is scaling up initiatives in green hydrogen, sustainable fuels, and other emerging low-carbon technologies.
- Competitiveness: Solar tariffs have declined by nearly 80%, renewable energy with storage has become cost-competitive, and green hydrogen and green ammonia prices discovered in India are among the most competitive globally.
India’s Key Renewable Energy Transition Initiatives
- Decentralized Renewable Energy: PM Surya Ghar Muft Bijli Yojana for rooftop solar adoption and PM-KUSUM for solar-powered agriculture.
- Alternative Fuels: National Policy on Biofuels, 2018 with the target of 20% ethanol blending in petrol by 2025–26, and National Green Hydrogen Mission targeting 5 million tonnes of production by 2030.
- Solar Energy: International Solar Alliance, One Sun, One World, One Grid (OSOWOG), Solar Parks Scheme.
- Nuclear Push: Plans to triple capacity to 22.5 GW by 2032 and target 100 GW by 2047 under the Nuclear Energy Mission.
- Global Partnerships: Global Biofuel Alliance (GBA), the G20 Energy Transitions Working Group, and LeadIT (Leadership for Industry Transition) etc.
