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  1. India adds 31.2 GW of non-fossil fuel-based energy capacity in April-October period of FY26

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India adds 31.2 GW of non-fossil fuel-based energy capacity in April-October period of FY26

Upstox

2 min read | Updated on December 03, 2025, 14:46 IST

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SUMMARY

The minister further said that as of October 2025, Solar Energy Corporation of India, NTPC, NHPC and SJVN, have issued Letters of Award (LoAs) of 67,554 MW in respect of renewable power procurement tenders since April 2023, and no cancellations have been made after issuance of Letters of Award.

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The rationalisation of GST rates across the renewable energy value chain will bring down the cost of clean energy projects, making electricity more affordable and directly benefiting households, farmers, industries, and developers.

The Minister for New and Renewable Energy Pralhad Joshi has said that the country has added 31.2 gigawatt (GW) of non-fossil fuel-based energy capacity in the April-October period of FY26 and added that there has been no cancellation of awarded clean energy projects. He said as of October, the country's total installed capacity from non-fossil sources stands at about 259 GW.

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The contribution of non-fossil fuel capacity was 51.37% to India's overall installed power generation capacity of 5.5 lakh megawatt (MW) at the end of October.

The minister further said that as of October 2025, Solar Energy Corporation of India, NTPC, NHPC and SJVN, have issued Letters of Award (LoAs) of 67,554 MW in respect of renewable power procurement tenders since April 2023, and no cancellations have been made after issuance of Letters of Award.

The above comments assume significance as there are over 40 GW of awarded capacity of renewable energy projects in the country do not have any power purchase agreements (PPAs).

He said the government has taken several proactive measures to facilitate the further execution of PPAs in respect of bids issued by Renewable Energy Implementing Agencies (REIAs). He said the measures include urging states to comply with the Renewable Consumption Obligation (RCO) under the Energy Conservation Act, and advising REIAs to aggregate demand from discoms and other consumers before designing and issuing tenders. Besides, regional workshops have been organised with major renewable energy-procuring states to address implementation challenges and accelerate PPA signing. He added that the government is conducting a 'case-by-case' analysis of uncontracted capacity of renewable energy projects, and the assessment is expected to be clear by early January 2026.

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Upstox
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