As on June 30, 2019, India’s renewable energy capacity has crossed the 80 GW-mark, which includes 29.55 GW of solar energy and 36.37 GW wind power. The government has set an ambitious target of having 175 GW of clean energy capacity by 2022, including 100 GW solar and 60 GW of wind energy. India has witnessed a record low solar tariffs of Rs 2.44 per unit. India’s wind power tariff also fell to a record low of Rs 2.64 per unit.
As per India’s submission to the United Nations Framework Convention on Climate Change on Intended Nationally Determined Contribution (INDC), a cumulative electric power capacity of 40 per cent from non-fossil fuel-based energy resources is to be installed by 2030.
