India aims to achieve 500 GW of renewable energy capacity by 2030, with an expected investment of up to ₹30 lakh crore, according to Union Minister Pralhad Joshi. The government has doubled the renewable energy budget to over ₹20,000 crore this year. Current capacity stands at 200 GW, with significant progress in solar power bringing tariffs down to ₹2.60/unit. The sector has seen investments of ₹7 lakh crore over the past decade. The new Indian Association for Gold Excellence and Standards (IAGES) and various government schemes support these goals. Investors should note the significant growth potential in India’s renewable sector.
