RT International India aims for 500GW from renewables by 2030, adding 50GW annually, mostly solar and wind, boosted by the recent national budget
To support its rapid economic growth, India, the world’s most populous country – which surpassed the UK as the fifth largest economy in 2023 and which aims to become third largest by 2030 – requires energy.
Speaking to RT’s Let’s Talk Bharat recently, India’s minister of petroleum and natural gas, Hardeep Singh Puri, stressed that energy is vital for achieving Prime Minister Narendra Modi’s goal of making India a $25 trillion economy (from the current $4 trillion) by 2047.
India has been ramping up energy consumption, mainly relying on oil. However, Puri noted, while fossil fuels will remain key for at least the next two decades, the country is actively investing in increasing renewable energy generation, including solar and wind, biofuels, green hydrogen, and nuclear energy.
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