India - "Power Surplus Nation"
The government has informed that India has turned into a power surplus nation with a total installed electricity capacity of over 4 lakh Mega Watt.
• India is the world’s third largest producer of renewable energy, with 40% of its installed electricity capacity coming from non-fossil fuel sources.
• Power Generation from Renewable Energy Sources has increased from 51 thousand 226 Gigawatt hours to one lakh 38 thousand 337 Gigawatt hours in 2020.
• The country’s vision is to achieve Net Zero Emissions by 2070, in addition to attaining the short-term targets including increasing renewables capacity to 500 Giga Watt by 2030 and meeting 50 percent of energy requirements from renewables.
