Summary:

According to Reuters, India's renewable energy output increased by 24.4% year on year to 134.43 billion kWh in the first half of 2025, the strongest rise since 2022. Renewables (excluding hydropower) had a record 17% share in June, while coal-fired output fell 3% due to a warmer summer, early monsoons, and sluggish economic activity, which resulted in huge coal stocks and fewer imports. According to ICRA, India plans to install 32 GW of renewable power by 2025, up from 28 GW in 2024. Between January and May, 16.3 gigawatts of solar and wind were installed. After missing its 2022 objective, India now aims to achieve 500 GW of non-fossil capacity by 2030, however S&P predicts this might be delayed until 2032.

Source: IBEF

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