Business Economy


India's solar power capacity rises to 175 GW from 2.8 GW in 2014: Pralhad Joshi

Visakhapatnam, Nov 13 (UNI) India's solar power capacity has increased sharply from 2.8 GW in 2014 to 175 GW, while 66 lakh households have benefited from rooftop solar installations under the PM Surya Ghar Muft Bijli Yojana, union Minister Pralhad Joshi said on Friday.
Addressing a session on sustainable energy, clean technologies and global partnerships at the 31st CII Partnership Summit 2026 here, the union Minister said India was strengthening its energy security and reducing dependence on imported fossil fuels through a diversified energy mix and expansion of domestic renewable energy capacity.
He said India had successfully met its recent peak power demand of 270 GW without interruption, demonstrating the resilience of its energy infrastructure amid global uncertainties.
Highlighting the growing adoption of rooftop solar systems, Joshi said the implementation of the PM Surya Ghar scheme had improved significantly, with the installation of one lakh rooftop solar systems, which earlier took 118 days, now being completed in an average of six days.
The union minister said rooftop solar installations were enabling households to generate their own electricity, store surplus power through battery systems and earn additional income by supplying excess electricity to the grid.
India was working towards achieving 500 GW of installed electricity capacity from non-fossil fuel sources by 2030, he said, adding that the proposed PM-KUSUM 2.0 scheme would further extend solar energy applications to agricultural equipment.
Emphasising the economic opportunities arising from the energy transition, Joshi said reliable and affordable renewable energy, efficient logistics and policy stability would be crucial for India to emerge as a global manufacturing hub and attract international investments.
He also stressed the importance of the 'Zero Effect, Zero Defect' approach, under which industrial production should minimise environmental impact while maintaining high quality and competitiveness.
The union minister said rising global energy demand and increasing climate commitments had made energy diversification, domestic supply capabilities and resilient energy systems essential for sustainable economic growth.
The session was attended by Shalen Kumar, Assistant Minister in the Office of the Prime Minister of Fiji, and Vijayanand, Ex-Officio Special Chief Secretary to the Andhra Pradesh Chief Minister. CII Vice-President Shashwat Goenka moderated the session.
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