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C&I renewable energy capacity to reach 57 GW
Financial Express Kochi
|February 27, 2026
INDIA'S COMMERCIAL AND industrial (C&I) renewable energy capacity is set to rise sharply to 57 gigawatts (GW) by FY28, up from about 40 GW expected by the end of FY26, marking a 17 GW addition in just two years as corporate decarbonisation and tariff arbitrage drive demand.
According to Crisil Ratings, the expansion will be anchored by favourable long-term power purchase agreement (PPA) tariffs visa-vis grid tariffs, corporate net-zero commitments, renewable purchase obligations (RPOs), attractive developer retur
This story is from the February 27, 2026 edition of Financial Express Kochi.
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