Centre to issue tenders for 250 GW of new renewable capacity by March 2028
India will issue tenders for the installation of 250 gigawatts (GW) of green energy capacity by March 2028, according to a government memo released on Monday, as it looks to cut its emissions by 45 per cent from 2005 levels.
After missing a target to install 175 GW in renewable energy capacity by 2022, India is now trying to boost non-fossil capacity – solar and wind energy, nuclear and hydro power, and bio-power – to 500 GW by 2030.
Its renewable energy capacity, excluding big hydro and nuclear power, exceeds 122 GW, while non-fossil capacity currently stands at more than 175 GW, according to government data as of February 28.
