In Short : ICRA projects that renewable energy will account for over 35% of India’s power generation mix by FY30, driven by strong capacity additions in solar and wind. Growing policy support, improved grid integration, and declining renewable tariffs are accelerating adoption. The rating agency notes that expanding storage and hybrid projects will further enhance […]
In Short : Telangana aims to generate 20,000 MW of green power by FY2030, focusing on solar, hydro, and innovative renewables like floating solar and green hydrogen. The state plans major investments, including ₹29,000 crore in renewable projects, to meet rising energy demand. Infrastructure modernization and clean energy policies support Telangana’s goal to lead India […]
India Ratings and Research (Ind-Ra) informed in its report that the solar production-linked Incentive (PLI) scheme will be beneficial to nearly 8-13 per cent of the photovoltaic energy plant requirement till the year 2029-30. The PLI scheme will also aid 20 gigawatt (GW) capacity development in the next five years. Ind-Ra stated that as […]
India Ratings and Research (Ind-Ra) on Tuesday said the solar production-linked Incentive (PLI) scheme will benefit 8-13 per cent of the photovoltaic energy plant requirement till 2029-30, and aid 20 gigawatt (GW) capacity development in the next five years. “Ind-Ra estimates that the allocation of Rs 45 billion (Rs 4,500 crore) towards the solar modules […]