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Union Power and New & Renewable Energy Minister R K Singh said India has added 8,530.92 megawatts (MW) of renewable energy (RE) capacity, including large hydro units, during April-November of the current fiscal, which is higher than 8,058.10 MW added in the entire 2020-21. India had added 9,143.30 MW of RE, including large hydro, in 2019-20 and 8,866.33 MW in 2020-21.

He stated that against the target of 175 GW of renewable energy by 2022, a total of 150.54 GW of the renewable energy capacity, including large hydro, has been installed in the country as on November 30, 2021.

Besides, he said that the Government of India has made no commitment to phasing out coal by 2030. However, he stated that the coal-based thermal power capacity that has been retired so far is 15,241.8 MW. Talking about financing clean energy, he said India expects developed countries to provide a climate finance of $1 trillion per year to the developing countries.