Total RE capacity to be 60-80 GW by 2030: Official
There is also going to be an increasing induction of RE through C&I contract
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New Delhi: India’s renewable energy capacity under the commercial and industrial (C&I) segment will increase to 60-80 GW by 2030, with such installations exceeding 6 GW in 2025 alone, a senior official said on Thursday.
The C&I are non-residential electricity users like factories, office buildings, retail stores, schools, and hospitals. They can either install RE capacity on their land or premises or developer can set up plants for them for supply of green power to them.
Addressing the CII IndiaEdge event, New & Renewable Energy Secretary Santosh Kumar Sarangi said, “There is also going to be an increasing induction of RE through C&I contract. We have seen an increasing trade in the last couple of years and this year I believe C&I installation will exceed about 6 GW.
The official said that by 2030, C&I RE capacity will be between 60 GW and 80 GW.
“If our data centre projection remains steady, then about 60 GW to 80 GW of RE will be provided by the developers to CNI consumers. Similarly distributed RE is going to wrap up in a very big way. We have seen massive induction in the last couple of years.” This assumes significance in view of India’s ambitious target of having 500GW of renewable energy by 2030. This year, between PM-KUSUM and PM Suryaaghar Yojana, about nine GW of capacity addition has already happened, and we estimate that this will touch about 12 GW by the end of the year, he stated.
But given the kind of growth projections that India has, and if our (GDP) growth projection of six and a half per cent and above is sustained over a period of time, then our electricity demand is only exponential interest, and to that extent, the contribution of RE for meeting this demand is going to be significant, he opined.
