India will have over 65% power generation capacity from non-fossil fuels by 2030: RK Singh
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Power and New & Renewable Energy Minister RK Singh has said that India will have more than 65 per cent of its power generation capacity from non-fossil fuels by 2030. He stated India will have 90 GW of solar equipment manufacturing capacity by 2030, up from 20 GW at present. He also stated that about 15-20 GW of solar equipment manufacturing capacity is under construction and India will have 40 GW of such facilities under Production-Linked Incentive Scheme-II (PLI-II).
Further, he also urged the industry player to shift to the manufacturing of high-efficiency solar equipment. He stated that the country has already 170 GW of renewable energy (including large hydro), while another 80 GW is under construction. India has planned to hit 500 GW of renewable energy by 2030.
Besides, talking about the recent deliberations with industry players on green hydrogen, he also said the industry has evinced interest for 25 million tonnes of green hydrogen capacity. He noted the green hydrogen manufacturing capacity could be 35-40 million tonnes. He stressed the need to generate green hydrogen instead of decarbonised Hydrogen.
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