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C&I renewable energy capacity to reach 57 GW

Financial Express Lucknow

|

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.

- SAURAV ANAND

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

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