New Delhi, Nov 2: Prime Minister Narendra Modi on Monday said India had achieved more than 50 per cent of its installed power capacity from non-fossil fuel sources in 2025, five years ahead of its target.
Addressing the India Renewable Energy Summit, PM Modi said the country had achieved around 300 gigawatts of non-fossil energy capacity and remained committed to reaching 500 GW by 2030.
He said the ongoing West Asia crisis had underlined the importance of energy security for economic security, stressing that the future lay in clean energy rather than fossil fuels.
PM Modi said the PM Surya Ghar Muft Bijli Yojana had brought more than 6.5 lakh households into the rooftop solar programme, with electricity bills of participating households falling by around 76 per cent, according to a study.
He also highlighted India’s growing solar manufacturing capacity, which has increased from around 2 GW a decade ago to more than 200 GW, and called for greater investment in battery storage, green hydrogen and clean energy technologies.
The Prime Minister said the renewable energy sector had attracted investments worth more than Rs 15 lakh crore over the past decade, creating significant opportunities for investors and employment generation.
