As of 76, India is prepared to "Make the Move" toward renewable energy.

The Power Ministry projections indicate that as the government concentrates on the energy transition to minimize carbon emissions, India would witness a rise in investments in renewable energy (RE) projects of more than 83%, reaching over $16.5 billion in 2024.

As we announced our ambitious goal of reaching an incredible 500GW of renewable energy generation by 2030, 2019 was undoubtedly a historic year for India. It meant that by 2030, renewable energy sources will provide 50% of India's electricity demand, making it the greatest renewable energy expansion program globally. This bold start was only the beginning of our journey into the clean energy sector; as of right now, India has the fourth-largest installed capacity of renewable energy worldwide.

The strain that climate change is putting on the energy system that is now in place emphasizes how urgent it is to reduce emissions from fossil fuels. The transition from fossil fuel subsidies to renewable energy sources can lead to sustained economic growth. Moreover, dependence on foreign resources and geopolitical conflicts are frequently the outcomes of this interdependence. According to data, 90% of India's oil and 80% of its industrial coal are currently imported from foreign nations. Reducing our nation's dependency on non-renewable energy sources can significantly contribute to its increased energy independence.