Renewables, hydro cross 40% of India's installed power generation capacity in FY23

renewable energy and 47 GW from hydro. According to the Centre for Energy Finance (CEEW-CEF) of the Council on Energy, Environment, and Water, 83 GW more RE was being put into use as of February 2023. It also mentioned that 92% of India's new power generation capacity 17 GW was added in FY23 and came from renewable sources. "Solar still leads, accounting for 84% of newly constructed RE capacity. However, the addition of wind capacity increased significantly throughout the year, reaching 2.3 GW.

Presently, 11.8% of India's total electricity generation comes from renewable sources. As part of its Nationally Determined Contributions, India has promised to derive 50% of its total installed electrical capacity from non-fossil fuel sources by 2030.