Non-Fossil Fuel capacity surges 11% in FY24, fossil fuels up 2.44%
The Business Guardian|May 04, 2024
India's power generation landscape witnessed notable shifts in fiscal year 2023-24, as per official data. Fossil fuel-based power capacity saw a modest increase of 2.44%, reaching 243.22 GW, while non-fossil fuel capacity, primarily driven by renewable sources, surged by 10.79% to 190.57 GW.
Non-Fossil Fuel capacity surges 11% in FY24, fossil fuels up 2.44%

This includes solar, wind, and hydropower. Nuclear power capacity also grew by 20.64% to 8.18 GW. India's total power generation capacity expanded by 6.22% to 441.97 GW.

Coal-based capacity showed a 3% uptick, reaching 210.97 GW, while renewable energy capacity soared to 143.64 GW, emphasizing the nation's commitment to green energy. The increase in fossil fuel-based power capacity suggests a continued reliance on traditional energy sources like coal, gas, and diesel. While these sources remain significant contributors to India's energy mix, the substantial growth in nonfossil fuel-based capacity reflects the country's concerted efforts towards renewable energy adoption. This shift aligns with India's ambitious renewable energy targets and commitment to combat climate change.

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