India needs Rs 2.5L crore for 500-GW green energy: Power ministry
As the 2030 deadline to transition to 500-GW non-fossil energy looms large, the Union Power Ministry on Monday asserted that the country was on path to achieve the goal, but requires investments with the transmission works for the solar projects alone expected to cost Rs 2.5 lakh crore.
During the COP26 meet in November 2021, Prime Minister Narendra Modi announced that India will have non-fossil electricity generation of 500 GW capacity by 2030.
With the present installed capacity of renewable energy estimated at 160 GW, India has a long way to go to achieve the target.
