India leader in Green Energy Affordability, says MNRE Secretary
renewable energy secretary Bhupinder Singh Bhalla reiterated India's position as a global leader in renewable energy affordability, emphasizing the nation's low cost of renewable energy.
Bhalla highlighted India's integrated grid infrastructure as a key enabler for the seamless integration of renewable energy sources into the national energy mix while speaking at the World Hydrogen Summit 2024 in Rotterdam, Netherlands.
He assured the global industry of India's capability to meet any scale of production provided there is sufficient market demand and support, a government statement said.
The confidence stems from India's robust renewable energy deployment strategy, as outlined in its Nationally Determined Contributions, a government statement said on Thursday.
Highlighting the rapid scale-up of renewable energy infrastructure in the country, Bhalla said that approximately 43% of India's current installed electricity capacity is from non-fossil-fuel sources, with projections indicating a rise to 50% by 2030.
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