India continues to add 15-25 GW of renewable energy capacity annually, maintaining one of the fastest growth rates globally, according to the Ministry of New and Renewable Energy (MNRE).

However, global challenges like supply chain issues, price fluctuations, and tighter financing have slightly delayed project timelines. The focus of India’s renewable sector is shifting from expansion to system integration, including grid management, energy storage, and market reforms.

With a goal of achieving 500 GW of non-fossil capacity by 2030, India’s renewable energy sector is undergoing a transformative phase. This includes deeper system reforms to ensure stability and resilience. Over 40 GW of awarded renewable projects are currently in advanced stages of securing power purchase agreements (PPAs), power supply agreements (PSAs), or transmission connectivity, highlighting the sector's strong pipeline of committed investments. 

To address this, key priorities include enforcing the renewable power purchase obligation (RPO) by states and DISCOMs, upgrading transmission lines for power evacuation, and utilizing technology for grid integration before proceeding with large-scale renewable energy bids.

This year, Central Renewable Energy Implementing Agencies (REIAs) have conducted bids for 5.6 GW, while State agencies have held bids for 3.5 MW. Additionally, Commercial and Industrial consumers are expected to add around 6 GW of renewable energy capacity in 2025. As a result, the growth in renewable energy capacity is occurring through various channels, not solely through REIA-led bids, the ministry noted.