Investments into non-fossil power sector to cross $220 billion: Pralhad Joshi
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Union Minister Pralhad Joshi on Thursday said investments will exceed $220 billion to add 190 GW of non-fossil fuel capacity by 2030.
- ✓India has already crossed 310 GW of clean energy capacity.
- ✓Joshi said, "Brand India is not a bubble that will burst," as the sector grows at a fast pace.
Story at a Glance
- Category
- BUSINESS
- Reported By
- cnbctv18
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
At the BRE Summit 2026, the Renewable Energy Minister declared that "Brand India is not a bubble," revealing that clean energy capacity has already crossed a critical milestone. The latest 100 GW addition shows an exponential shift in momentum that could alter the global climate timeline.
Union Minister Pralhad Joshi on Thursday said investments will exceed the $220 billion needed to add the remaining 190 GW of non-fossil fuel-based capacity by 2030.
Of the 500 GW capacity targeted by 2030, the country has crossed 310 GW of non-fossil fuel-based installed electricity generation capacity, the Minister for New and Renewable Energy (MNRE) told reporters on the sidelines of the Bharat Renewable Energy (BRE) Summit & Expo 2026 here.
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