India solar capacity to quadruple, wind to triple over decade: Power ministry adviser
India is set for a massive renewable energy boost. Solar power capacity is expected to quadruple, and wind energy capacity to triple over the next decade. This will significantly reduce the nation's reliance on coal for electricity. Non-fossil fue...
The jump in renewables is expected to reduce India's dependence on coal as a primary source of electricity generation to 49% by 2035-36, from more than 70% currently, according to the National Generation Adequacy Plan released by the Central Electricity Authority.
Also Read: Solar equipment makers get no funds under Rs 24,000 crore PLI scheme till February end: Parliament
In its report, the CEA estimated that total non-fossil fuel capacity would reach 786 gigawatts by 2035-36, with solar energy comprising 65% of the clean power mix.
Nuclear capacity is expected to triple to 22 GW during that period, while large hydro electricity capacity is seen rising by 50% to 77 GW.
Also Read: Onboard discoms, boost portal infra to achieve target of rooftop solar scheme: Panel
India's pumped storage hydrpower capacity is projected to surge 13-fold to 94 GW, and battery storage capacity will hit 80 GW by 2035-36 from 0.27 GW currently, the document showed.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.