On July 17, the Union Cabinet announced that India surpassed its Paris Agreement goal of 50% installed power capacity from non-fossil sources — five years ahead of the 2030 target. The shift aligns with India’s climate commitments and decarbonisation goals, while fresh investment boosts renewable infrastructure.

BulletsIn

• India hits 50% non-fossil power capacity in 2024, target was 2030
• Total installed power capacity now at 484.8 GW
• 48.27% from renewables, 1.81% nuclear — together over 50%
• India aims for 500 GW non-fossil capacity by 2030
• Also targets net-zero emissions by 2070 under Paris, COP26 pledges
• Cabinet raised NTPC’s investment cap to ₹20,000 crore for renewables
• NLCIL allowed ₹7,000 crore investment in renewable subsidiary
• Solar and wind generation still only 13% — focus now on output
• New policies promote storage, round-the-clock clean energy supply
• Milestone proves India can grow economy and cut emissions together