Janice R. Andrews
India is making substantial progress toward its target of 500 gigawatts (GW) of non-fossil fuel energy capacity by 2030. The government has introduced key policies and infrastructure projects aimed at attracting investment and integrating renewable energy (RE) sources into the national grid.
Among the primary initiatives is the Bidding Trajectory, which outlines procurement bids for 50 GW annually from FY 2023-2024 to FY 2027-2028. Additionally, the government has opened the door to 100% Foreign Direct Investment through the automatic route, encouraging more capital influx. The establishment of Ultra Mega Renewable Energy Parks will provide developers with necessary land and transmission facilities for large-scale clean energy projects.
India is also enhancing its transmission network under the Green Energy Corridor Scheme, which involves building new transmission lines and increasing sub-station capacity. To ensure the smooth integration of renewable energy into the grid, the government plans to create an intra-state transmission network to keep up with increasing capacity.
Furthermore, India is upgrading thermal generation systems to accommodate the variability of renewable energy, ensuring grid stability and reliability.
These steps highlight India’s commitment to renewable energy, paving the way for a sustainable energy future.
