India’s energy demand is indeed poised to grow substantially over the coming decades, driven by its rapid economic growth, urbanization, and industrialization. With this growth comes the challenge of meeting its energy needs in a sustainable manner. India’s commitment to achieving net-zero carbon emissions by 2070, and sourcing 50% of its electricity from renewable energy by 2030, signals its strategic pivot towards low-carbon energy solutions.
Renewable Energy Progress
India’s rise as a global leader in renewable energy is reflected in its rankings:
- 4th in wind power capacity
- 4th in solar power capacity
- 4th in overall renewable energy installed capacity as of 2023
Capacity Growth
India’s renewable power generation capacity, which stood at 125.15 GW in FY23, has seen rapid growth with a compounded annual growth rate (CAGR) of 15.4% between FY16 and FY23. This growth is expected to continue, with projections of doubling new capacity additions by 2026. The growing competitiveness of renewable energy, driven by technological advances and favorable policies, makes it an attractive investment destination.
Energy Demand and the Role of Renewables
By 2040, India’s energy demand is anticipated to reach a staggering 15,820 TWh. As the nation seeks energy security and sustainable growth, renewable energy is set to play a critical role. Wind, solar, hydropower, and bioenergy will be instrumental in reducing dependency on fossil fuels and meeting the growing energy demands while lowering carbon emissions.
India’s government has implemented various initiatives and policy frameworks to support the growth of the renewable energy sector, including:
- The National Solar Mission
- Green energy corridors
- Production-linked incentives for solar manufacturing
These efforts, combined with international partnerships and private sector investments, are positioning India to lead the global transition to a clean energy future.
INVESTMENT OPPORTUNITIES
Renewable Energy / Green Energy / Clean Energy
Alternative Energy
Andhra Pradesh: 8.8 MW Wind Power Project with PPA Rs.4.84 Per Unit for 25 years on 6 acres Govt industrial lease land @ EOI
Andhra Pradesh: 110 MW Solar Power Plant on 408 acres land with PPA Tariff Rs.3.47 for 25 years in which 4 years have passed is on sale @ EOI
Andhra Pradesh: 2 MW Solar power plant with PPA Rs.6.49 Per Unit for 20 years on 35 acres leasehold land for sale @ Rs.16 Crore
Rajasthan: 500 to 3000 acres barren land parcel for solar power plant in Bikaner, Rajasthan
Tamil Nadu: 2500 acres land parcel available less than 15 kms from STU and CTU Grid for outright sale will hold an average installed capacity of 600+ MW of solar power plants. 648 MW Adani green energy solar farm just 40-50 kms from our site.
Telangana:
33 MW Slar Power Plant for Sale in Telangana
18MW DC/15MW AC (97 Acers) solar power plant connected to 132/33KVA substation, with Telagana Govt. PPA of 25 years in which 7 years have passed.