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Union New and Renewable Energy Minister Pralhad Joshi on Saturday said India has recorded the highest-ever addition of green energy capacity in the current financial year at 31.25 GW (Gigawatt), including 24.28 GW of solar power. Addressing the inaugural session of the Global Energy Leaders' Summit 2025 here, the minister also announced a 1.5 lakh rooftop solar ULA (Utility Led Aggregation) model for Odisha, which would benefit 7-8 lakh people across the state. The summit was inaugurated by Odisha Chief Minister Mohan Charan Majhi and attended by energy ministers of various states. After taking nearly 70 years to reach 1 TW (Terawatt) of renewable energy capacity in 2022, the world achieved 2 TW by 2024, Joshi said adding that the second terawatt was achieved in just two years. "India is a key driver of this explosive global surge in renewable energy. In just 11 years, the country's solar capacity has grown from 2.8 GW to around 130 GW, a rise of more than 4,500 per cent. Between 2
Union minister Pralhad Joshi on Tuesday said India is the fourth-largest nation in the world in terms of renewable energy capacity, at 257 GW, a three-fold jump from 81 GW in 2014. Addressing the 8th session of the International Solar Alliance Assembly, the union minister of new and renewable energy said India's solar capacity increased from 2.8 GW in 2014 to 128 GW today. He said, "India is now the world's 4th-largest in RE capacity. Renewables in 2014 V/s Now: 81 GW - 257 GW." He informed that solar module manufacturing capacity increased from 2 GW in 2014 to 110 GW at present. Similarly, the solar cells manufacturing increased from 'zero' to 27 GW. He said under the leadership of Prime Minister Narendra Modi, India achieved the Nationally Determined Contribution target of 50 per cent capacity from non-fossil sources, five years ahead of the deadline. India's renewable tariffs, be it solar, solar-plus-battery, and green ammonia, are among the lowest globally, he said, adding th
The government is targeting to make India a global hub for production, utilisation, and export of green energy, Union Minister Pralhad Joshi said on Thursday. The Minister for New and Renewable Energy made the remarks in a virtual address to the World Hydrogen India conference organised by S&P Global Commodity Insights in the national capital. India has achieved the goal of having 50 per cent of installed electricity capacity from non-fossil resources five years ahead of schedule, Joshi said. "This phenomenal growth in renewables has set the stage for our next target, making India a global hub for the production, utilisation, and export of green energy," he said. India's total non-fossil fuel installed capacity stands approximately around 250 GW, the minister said. On green hydrogen, Joshi said the government's Green Hydrogen Programme is moving from vision to action with incredible speed. A stable, predictable, and rewarding investment environment is being created to support this
GST reduction on renewable energy will save up to Rs 1.5 lakh crore for investors till 2030, Union Minister Pralhad Joshi said on Monday. The comments from the Union New & Renewable Energy Minister assume significance as Monday is the first day of implementation of the Goods and Services Tax reduction. In a bonanza to consumers, the GST Council, comprising the Centre and states, decided to reduce tax rates on goods and services, from September 22 -- the first day of Navratri. The GST cut will give a significant boost to India's ambitious target of having 500 GW of renewable energy by 2030. Talking to reporters on the sidelines of the CII 6th International Energy Conference, Joshi said, "I thank Prime Minister Narendra Modi for cutting GST on renewable equipment from 18 per cent to 5 per cent, especially on the occasion of the Navratri festival." He further said this will save Rs one lakh crore to Rs 1.5 lakh crore for investors till 2030. According to the Ministry of New & ...
The Centre on Friday increased usage charges for gunny bags by 40 per cent to Rs 10.22 per used bag, a move aimed at providing financial relief to States and Union Territories as well as improving procurement operations. In an official statement, Union Food and Consumer Affairs Minister Pralhad Joshi said, the "Government of India has increased usage charges for gunny bags by nearly 40 per cent, bringing financial relief to State Governments and Union Territories in the country." The decision is aimed at ensuring smooth procurement operations and supporting sustainable packaging practices, he said, adding that the Centre-State cooperation would also improve in foodgrain procurement and distribution. The Centre received requests from various states and UTs for the revision. The Department of Food and Public Distribution, under the Food and Consumer Affairs, constituted a committee to look into this issue. The committee comprised members from State Governments/UTs and the Food ...
India's solar module manufacturing capacity has hit the 100 GW mark from just 2.3 GW in 2014, Union Minister Pralhad Joshi said on Wednesday. The progress brings India close to its vision of having 500 GW of non-fossil fuel-based capacity by 2030, the Minister for New and Renewable Energy (MNRE) said in a post on X. "India has achieved a historic milestone -- 100 GW solar PV module manufacturing capacity under the Approved List of Models and Manufacturers (ALMM), a remarkable rise from just 2.3 GW in 2014!" Joshi said. The achievement, he said, "strengthens our path towards #AtmanirbharBharat and the target of 500 GW non-fossil capacity by 2030." In a post on X, Prime Minister Narendra Modi termed the achievement another milestone towards self-reliance. "This is yet another milestone towards self-reliance! It depicts the success of India's manufacturing capabilities and our efforts towards popularising clean energy," Modi said. The MNRE, in a statement, said the ALMM order was is
Rooftop solar plants will be installed in one crore households across the country by 2026-27 under the PM Surya Ghar Muft Bijli Yojana (PM-SGMBY), Union Minister of New and Renewable Energy Pralhad Joshi informed the Lok Sabha on Wednesday. Joshi also said that the central government has taken several initiatives and has been implementing various schemes and programmes for promotion and development of renewable energy in the country. "The government launched PM Surya Ghar Muft Bijli Yojana (PM-SGMBY) in February, 2024 for installing rooftop solar for one crore households by 2026-27 across all states and UTs in the country," he said during the Question House. The minister said the government has also been implementing Pradhan Mantri-Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme across all states and UTs of the country. Under the scheme, capacities are allocated based on demand received and progress shown by the states and UTs, he said. Joshi said as per study on ...