Power companies hopeful of non-fossil fuel goal but experts flag need for more

ASTHE UN Climate Change Conference(COP30)begins in Belém (Brazil) on Monday, top executives of Indian power companies are hopeful of meeting the country’s target of 500 GW of non-fossil fuel energy capacity by 2030.

- RAGHAVENDRA KAMATH

Sectorexperts, though, feel the country needs to resolve issues related to signing power purchase agreements (PPAs), transmission capacity and so on.

The country has added 256 GW of non-fossil fuel capacity so far, with addition of 30 GW last year and 40GW expected this year but experts say there is a need to add at least 50 GW every year till 2030.