India is making steady progress towards achieving 500 gigawatts (GW) of non-fossil energy capacity by 2030, underscoring its growing leadership in the global clean energy transition, The Energy and Resources Institute (TERI) said. Speaking at the inauguration of the 18th edition of the Renewable Energy India (REI) Expo, TERI Director General, Vibha Dhawan, highlighted the country’s achievements and policy momentum driving its renewable energy expansion.
She noted that India has already reached 127 GW of installed solar capacity and continues to strengthen its domestic value chain through Government-led initiatives such as the National Green Hydrogen Mission, the Production-linked Incentive (PLI) scheme for solar and battery manufacturing and the National Manufacturing Mission. Yogesh Mudras, Managing Director, Informa Markets in India, said India’s clean energy transition is accelerating faster than ever, with renewable capacity surpassing 250 GW in 2025 and a strong pipeline targeting 500 GW by 2030. The Ministry of Power has approved a Rs 5,400 crore Viability Gap Funding scheme for 30 GWh of Battery Energy Storage Systems, in addition to 13.2 GWh already underway, which is expected to attract Rs 33,000 crore in investments by 2028, he added. Speaking at the event Manu Shrivastava, Additional Chief Secretary, Madhya Pradesh Government, said having pioneered sub-`3 per unit tariffs without subsidies and powered nearly 65 per cent of Delhi Metro’s daytime demand, the state has now reached another milestone of delivering round-the-clock solar-plus-storage power at Rs 2.70 per unit.
The recently floated 440 MW solar-plus-storage project at Morena in Madhya Pradesh, with 95 per cent availability for four peak hours through BESS (battery energy storage system) has established that solar energy remains viable even when stored and supplied during non-solar hours, he said at the launch of REI Expo 2025 & Battery Show India.
Debashish Das, Head RE Nodal Agency, Odisha Government, said being the second-largest greenhouse gas emitter, the state recognises the urgency of shifting toward cleaner energy and prioritised renewable adoption through initiatives such as floating solar projects across 2.25 lakh sq. km of water reservoirs and pump storage opportunities.
The efforts not only safeguard fertile land but also open doors for international collaboration in clean energy, he said at the event with over 1,000 exhibitors, 1,400 brands and over 55,000 professionals converged.