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Renewable Energy

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For updated information, please visit 2021Renewable Energy2Executive Summary3Advantage India 4Market Overview and Trends6Strategies Adopted13Growth Drivers16Opportunities 22Key Industry Contacts26Appendix28Table of Contents3Executive summaryIncreasing investment TherenewableenergyspaceinIndiahasbecomeh ighlyattractiveforinvestorsandreceivedFD IinflowofUS$ MorethanUS$42billionhasbeeninvestedinInd ia srenewableenergysectorsince2014. growth potential AsofJuly2021, , ,providingagreatopportunityfortheexpansi onofgreendatacentres. Indiaistheonlycountry,amongtheG20countri es,whichisontracktoachieveitstargetsunde rtheParisAgreement. targets In2018, ,67GWofwindpowerand31GWoffloatingsolaran doffshorewindcapacityby2022. Thegovernmentplanstoestablishrenewableen ergycapacityof523GW(including73GWfromHyd ro) :EY Recai (November 2018) , Central electricity Authority, MNRE, DPIIT, Livemint, IWTMA4Advantage India5Advantage India InJune2021, Astheeconomygrows,theelectricityconsumpt ionisprojectedtoreach15,280TWhin2040from the4, Robust Demand Indiawasrankedfourthinwindpower,fifthins olarpowerandfourthinrenew

Small Hydro Power (Projects ≤ 25 MW) Wind Power Bio-Power Urban & Industrial Waste Power Biomass Power Source: Central Electricity Authority (CEA) 8 45.92 57.24 69.02 77.64 87.02 94.43 100.68 0 20 40 60 80 100 120 FY16 FY17 FY18 FY19 FY20 FY21 FY22* ... Electricity Generation from RES* (billion units) ...

  Generation, Small, Electricity, Biomass, Electricity generation

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