India is planning to set up 500 GW of new renewable energy generation capacity by 2030.

160 GW

Installed renewable energy capacity (as of May 2022)

40%

Share in total installed capacity

US$0.0334/unit

solar tariff offers strong uptake opportunities

10%

renewable energy mandatory in 100 Smart Cities

450GW

renewable energy capacity being aimed by 2030.

INR 19500 Crore

allocation for solar PLI Scheme

ISA

International Solar Alliance to install 1,000 GW capacity worldwide by 2030.

15,820 TWh

to be India's energy demand by 2040, with a sizeable chunk coming from renewable energy.

1,096 GW

of renewable power potential in India from commercially exploitable sources.

4th

rank among the 40 Renewable Energy Country Attractiveness Index 2017.

100%

FDI allowed under automatic route for renewable energy generation and distribution projects.

National Institute of Solar Energy

1800 233 4477

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National Institute of Solar Energy, an autonomous institution of Ministry of New and Renewable Energy (MNRE), is the apex R&D institution in the field solar energy.

Solar Energy Corporation of India

+91-11- 71989236

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The state-run agency drives implementation of grid connected solar roof-top schemes, among others.

India Energy Storage Alliance

+91-9699719818

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IESA promotes Electric Energy Storage (EES) and microgrid technologies and their applications in India.

Indian Wind Power Association

+91-44 - 4550 4036

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Supports wind power development and creation of an enabling regulatory and policy environment for investments in this sector.

India Renewable Energy Development Agency

+91-11-26717400 - 26717412

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To give financial support to specific projects and schemes for generating electricity and / or energy through new and renewable sources and conserving energy through energy efficiency.

Skill Council for Green Jobs

+91-11-41792866

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Mission: To identify skilling needs of service users as well as manufacturers/ service providers, within Green Businesses sector.

investment opportunities

  • US$1.3bn allocated for building 50 solar parks of 40 GW by 2020.
  • Programme to upgrade watermills and micro hydro projects.
  • Renewable energy storage units design and manufacturing.
  • Investments in provision of solar pumps for agriculture and irrigation.
  • Renewable power driven transport systems and infrastructure.
  • Investment of up to US$100bn in renewable energy over next 7 years.

key investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments

ENABLING ENVIRONMENT

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments

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