India to add 30 GW RE capacity in FY25-26

INDIA IS LIKELY to add 30 gigawatt (GW) of renewable energy capacity over FY25-26, backed by continued policy support, availability of liquidity and established growth plans of some large corporate players, reduced equipment prices, and waiver of interstate transmission system charges, analysts say.

- ARUNIMA BHARADWAJ

"The power supply situation is expected to improve with the increased pace of capacity additions, led by renewables. However, the energy transition towards renewables will continue to hinge on the development of hybrid and energy storage capacities and a commensurate increase in evacuation infrastructure," said Bhanu Patni, associate director, corporate ratings, India Ratings. The country's total installed non-fossil fuel capacity i