Advantage India

India is on its’ ambitious path to implement the world’s largest Renewable Energy expansion program. It’s growing stature and successful leadership position at International Solar Alliance (ISA) has prompted even the countries outside of the tropics in entering the alliance. The Indian growth story no longer needs to be validated and verified as India is already on way to become one of the largest solar hub globally in the coming years.
Driving on the surge is the growing renewable energy industry with vision on the future and systematic year on year growth.

  • A remarkable 8 times growth in solar capacity from 2013-14 to 2017-18

  • India has doubled the renewable energy capacity from 35,500 MW in 2013-14 to 70,000 in 2017-18

  • Record 100 Billion+ units of renewable electricity generated last year
  • Globally, India now stands 4th in total wind power installations.
  • India stands 5th globally in total renewable power installations
  • India ranks 6th globally in total solar power installations

  • Phenomenal dip in solar tariffs to a record low of USD 0.0334 per unit in the wake of economies of scale.
  • Successfully leading the climate change deal amongst 195 countries at COP 21 in Paris, with 40% commitment for non-fossil fuel based energy by 2030.

  • Total renewable Energy has now exceeded beyond 80 GW i.e. 21% of the total installed capacity
  • PRAAPTI Portal (Payment ratification and analysis in power procurement for bringing transparency in involving of generators) launched by Government to bring transparency in power purchase transactions between generators and Discoms.