NamasteIndia Economic Survey 2024:
Let’s condense the key points from the Economic Survey 2023-24 regarding India’s renewable energy sector:
1. Installed Capacity and Transmission:
India’s power transmission network spans 485,544 circuit kilometers, with a capacity to transfer 118,740 MW.
Peak electricity demand reached 243 GW in FY24.
2. Renewable Energy Goals:
India aims for 50% of its installed capacity from non-fossil fuel sources by 2030.
Target: 500 GW of non-fossil capacity by 2030.
3.Investments:
₹8.5 lakh crore invested (2014-2023).
Expected investments (2024-2030): ₹30.5 lakh crore.
4. Future Projections:
Non-fossil capacity to grow from 203.4 GW (2023-24) to 500.6 GW (2029-30) .
Renewable energy investments to fuel India’s green transition, aiming for 500 GW by 2030
Originally published on LinkedIn on 2024-07-28 12:39:11: https://www.linkedin.com/feed/update/urn%3Ali%3AgroupPost%3A2474261-7223305992434814976
NamasteIndia Economic Survey 2024:
Let’s condense the key points from the Economic Survey 2023-24 regarding India’s renewable energy sector:
1. Installed Capacity and Transmission:
India’s power transmission network spans 485,544 circuit kilometers, with a capacity to transfer 118,740 MW.
Peak electricity demand reached 243 GW in FY24.
2. Renewable Energy Goals:
India aims for 50% of its installed capacity from non-fossil fuel sources by 2030.
Target: 500 GW of non-fossil capacity by 2030.
3.Investments:
₹8.5 lakh crore invested (2014-2023).
Expected investments (2024-2030): ₹30.5 lakh crore.
4. Future Projections:
Non-fossil capacity to grow from 203.4 GW (2023-24) to 500.6 GW (2029-30) .
Renewable energy investments to fuel India’s green transition, aiming for 500 GW by 2030 https://lnkd.in/dVAfUvYP
Originally published on LinkedIn on 2024-07-28 12:39:03: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7223305960734244864
