Annual addition of 4-5 Gw to meet Gujarat’s renewable demand: IEEFA

Gujarat will likely add 46 gigawatts (Gw) to its new renewable energy capacity by 2029-30, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).

The report — Gujarat’s Electricity Sector Transformation – A Role-model of India’s Electricity Transition — identifies Gujarat as one of the five leading Indian states for renewable energy in terms of both existing generation capacity and future potential.

While Gujarat has already lifted its renewable energy target to 30 Gw in July from 17 Gw, the state could be more ambitious, with the ministry of new and renewable energy estimating its renewable energy potential to be 72.7 Gw, equally balanced between solar and wind energy potential. According to the report, renewable capacity addition of 4-5Gw annually would ensure that Gujarat’s incremental demand going ahead is supplied by renewables.