Renewable Energy Sector of India : Full Research Report
Overview of the Renewable Energy Sector of India :
India has world's largest population, and with that it is world's 3rd largest energy consuming country.
With this increasing population the demand for electricty increases, the population is not the only factor but the involvement of new technology and ease of living with the help of machine is also increasing drastically. With this increment, the Renewable Energy Sector of India is far behind that's why Government of India has come up with the circular of putting 80 GW of Coal Based Energy generating plant in India by 2030.
Before moving on with the needs and fulfilment of Energy Demand let's dive into the current numbers of Renewable Energy Sector of India.
India's Renewable Energy Growth is 128% than what we compare to the Renewable Energy Sector that has been in 2014. The Digram explains very well about the Non Fossil Fuel Capacity and Solar Energy Capacity.
The following is the installed capacity for Renewables:
The budget for Renewable Sector of India
- The Union Budget of India for 2024-25 allocated ₹ 10,000 Cr. for Central Sponsored scheme for Solar Power (Grid), which is 110% more than the budget in 2023-24.
To understand how to find the data on Energy Sector of the India please read this blog :
