500-GW RE target for India achievable
India will easily achieve its 500 GW production target from renewable energy in the next five years, but may face challenges in meeting intermediate goal of 2,000 gigawatt by 2047, SECI CMD R P Gupta said on Monday
image for illustrative purpose
Bhopal: India will easily achieve its 500 GW production target from renewable energy in the next five years, but may face challenges in meeting intermediate goal of 2,000 gigawatt by 2047, SECI CMD R P Gupta said on Monday.
The challenges will be in the area of land availability for setting up renewable energy projects, energy transmission and storage systems, he said while speaking at the MP Global Investors Summit (GIS) 2025. Solar Energy Corporation of India (SECI) is the nodal agency for implementation of renewable projects in India. “The near term goal of the country is 500 gigawatt of non-fossil energy by 2030.
“We have already reached a commissioned capacity of about 218 gigawatt by the end of January, 2025,” he said, adding around 150 gigawatt of the projects are under implementation. Gupta asserted that he does not foresee any problem in achieving the 500 gigawatt target by 2030 considering “the kind of regulatory and the ecosystem which has been created in the country”. He said an estimated 2,000 gigawatt by 2047 from non-fossil sources would be required in the intermediate period towards reaching the country’s overall goal of net zero by 2070. “Now, that is something which will kind of pose a challenge, the challenge in the renewable sector which so far we have not faced, but we are going to face now.”
He said there will be three major challenges in expanding the renewable energy basket.
“The first challenge is going to be land. We have used the land which was readily available and these are the projects which are extremely land intensive projects. So land is going to be one of the challenges,” Gupta noted.
