India concluded the third quarter with an operational renewable energy capacity of 177.1 GW, inclusive of large hydropower stations, marking a notable stride towards achieving a 41.8% share of the national power mix, recent statistics reveal.
The quarterly surge in renewable deployments saw a commendable increase of 3.7 GW from the second trimester, when India boasted 173.4 GW of installed renewable power plants.
Data sourced from Mercom's India solar project tracker and the Ministry of New and Renewable Energy (MNRE) indicates that solar photovoltaic (PV) parks played a pivotal role, constituting 16.4% of the country's overall installed power generation capacity and contributing 39.4% to the renewables capacity. These figures reflect an uptick from 15.9% and 38.4%, respectively, in the preceding quarter.
Wind farms secured a solid 10.4% share in the national power generation mix, while large hydropower plants (HPPs) held an 11% stake.
As of the end of September, conventional power plants in India accounted for 246.8 GW of electricity generation, constituting 58.2% of all installations. Predominantly sourced from coal-fired plants totaling 207 GW, this conventional capacity coexists with the growing renewable energy landscape.
With a determined vision, India has set a target of achieving 500 GW of renewable energy capacity by 2030, underscoring the nation's commitment to sustainable and diversified energy sources.