April 11, 2025 2:14 PM

India achieves record growth in renewable energy capacity in FY 2024–25

India’s renewable energy sector marked a significant milestone in the Financial Year 2024–25, achieving a record-breaking total installed capacity of 220.10 gigawatts (GW), according to the Ministry of New and Renewable Energy (MNRE). This reflects a substantial annual addition of 29.52 GW, up from 198.75 GW in the previous fiscal year, and underlines India’s steady progress toward its ambitious target of 500 GW of non-fossil fuel-based capacity by 2030. The target forms part of the ‘Pan...