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India to touch renewable energy capacity by 2024: govt


India expects to achieve a renewable energy capacity target of 260 gigawatt (GW) by 2024, a government official said on Friday, as the country sees rapid growth in renewable capacity backed by government orders, private equity and pension fund investments.

India’s renewable power capacity soared by almost 150 percent in the last five years to 77.6 GW, while the government set a target of 175 GW by 2022.

India is also formulating a policy to build a 30 GW local capacity for manufacturing solar cells and modules by 2024, Anand Kumar, secretary to the ministry of new and renewable energy, said.

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Posted by on Jul 21 2019. Filed under Renewable energy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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