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Last Updated: December 18, 2022

More than half of India’s energy demand to be met by non-fossil sources by 2030

New Delhi: By 2030, India is expected to meet more than half or 62 per cent of its total energy requirements from non-fossil sources. This is around 12 per cent more than the target. At present, the country is sourcing about 42 per cent of its energy requirements from non-fossils sectors.
The total installed electricity generating capacity in the country was 409 GW, including 166 GW of renewable generating capacity (including large hydro) as of October 31, 2022, the official data indicates.
“Going by the current pace and trajectory, India is likely to source about 62 per cent of its energy requirements from non-fossil sources by 2030, exceeding the target it has set for itself for sourcing about 50 per cent of energy requirements from non-fossils sources by that year,” Additional Power Secretary Ajay Tiwari said at South Asia (BBIN) Power Summit organised by industry body Confederation of Indian Industry on Friday.
In addition, India’s electricity generation capacity will touch 820 GW by 2030, including more than 500 GW from non-fossil fuel sources, according to the power ministry. India is actively working towards a vision to have an interconnected power grid across the South Asian region covering as many countries as possible, the senior ministry official pointed out.
India has a very robust power grid running from North to South and East to West of the country. In future we would like to see the grid connected to neighbouring countries including Myanmar, Sri Lanka, and then expand that connection to Southeast Asian countries, to emerge as a unified market, he said at the event.
A discussion at the inter-government level is already happening in this regard to strengthen the cross-border grid between India and Nepal and India and Bhutan.

Source Link: https://www.timesnownews.com/business-economy/industry/more-than-half-of-indias-energy-demand-to-be-met-by-non-fossil-sources-by-2030-article-96321176