Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Execution Will Define Renewable Energy Journey
Mint Kolkata
|September 08, 2025
India's clean energy transition is at a "make-or-break moment," industry experts said at the Mint Sustainability Summit 2025, adding that the country's renewable energy ambitions must now translate into faster execution and stronger financing.
Speaking on "Scaling clean energy for a climate-ready India—bridging policy, financing and systems delivery," a panel of experts noted that while India has paced faster in renewable capacity, the challenges of storage, land availability, transmission, and financing remain concerns.
India currently has a capacity of 295.89 gigawatts (GW) of installed renewable capacity, including nuclear power capacity, well ahead of earlier plans. With annual capacity additions crossing 40% growth, experts believe the Centre's 500 GW target for 2030 may be reached as early as 2028.
"We are well poised to achieve this ambitious target," said Sharath Pungalia, country head at Gentari India, adding that the focus must now shift from just gigawatts of installed capacity to gigawatt-hours of actual consumption.
Vijay Agarwal, managing director at Equirus Capital, said last year India added a record 30 GW, and this year the figure could exceed 50 GW.
This story is from the September 08, 2025 edition of Mint Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Kolkata
Mint Kolkata
Centre asks states to ready for heatwave as temp soars
Temperatures are already 4-8 degrees Celsius above seasonal averages in many regions
2 mins
April 25, 2026
Mint Kolkata
Feeling extraordinary
Among all the finery at Indian weddings, there are a few things you can always spot among the guests—grubby jeans, hiking boots and polo shirts.
1 mins
April 25, 2026
Mint Kolkata
The enduring thrill of anticipation
From the start, in the 1980s, it was the sense of a gathering storm which bewitched me.
4 mins
April 25, 2026
Mint Kolkata
Gulf strikes sink airlines' global traffic in March
International departures by Indian airlines fell 40% year-on-year to 11,284 flights in March from 18,502 a year earlier.
3 mins
April 25, 2026
Mint Kolkata
When efficiency experts push the world into chaos
In early March, I was in a small room at a large conference with a dozen language nerds.
4 mins
April 25, 2026
Mint Kolkata
Transforming libraries into digital knowledge platforms
With the India-UK Vision 2035, endorsed by both countries' prime ministers in July 2025, placing education and skills at the heart of the bilateral relationship, a series of groundbreaking initiatives have been designed to advance the ambitions of the vision across education platforms.
2 mins
April 25, 2026
Mint Kolkata
Markets trip on IT, Iran, snap 2-wk run
Uncertainty around the US-Iran ceasefire and weak medium-term earnings guidance from information technology (IT) majors sparked a sharp selloff in domestic equities, even as other Asian markets presented a contrasting picture.
2 mins
April 25, 2026
Mint Kolkata
How culture determines the choices we make
Oliver Sweet opens his book, The Rules That Make Us: How Culture Shapes the Way We Act, Think, Buy and Believe, with a joke.
5 mins
April 25, 2026
Mint Kolkata
Sebi allows FPIs to net cash market fund settlements
stakeholders.
1 mins
April 25, 2026
Mint Kolkata
Hindustan Zinc Q4 profit jumps 68%
A rally in silver prices, a weaker rupee and higher volumes drove a 67.6% year-on-year jump in Hindustan Zinc Ltd's profit for the March quarter (Q4FY26), with the metal contributing about 45% of earnings.
1 min
April 25, 2026
Listen
Translate
Change font size