India, Jan 12 : Reaffirming India’s strong commitment to a just, equitable and sustainable global energy transition, Union Minister for New and Renewable Energy Pralhad Joshi on Sunday reiterated that India remains firmly on track to achieve 500 GW of non-fossil fuel installed power capacity by 2030 and Net Zero emissions by 2070.
Delivering India’s national statement at the 16th Assembly of the International Renewable Energy Agency (IRENA) in Abu Dhabi, the minister underlined the country’s leadership in driving an inclusive and people-centric clean energy transition.
Highlighting a key milestone, Joshi said India has already achieved 50 per cent of its installed electricity capacity from non-fossil fuel sources in 2025 five years ahead of its Nationally Determined Contribution (NDC) target under the Paris Agreement. India’s total renewable energy capacity has crossed 266 GW, placing it among the world’s leading renewable energy markets.
Describing India as one of the fastest-growing major energy markets globally, the minister said the government is prioritising reliable and resilient power systems through rapid deployment of energy storage solutions, grid modernisation, Green Energy Corridors and innovative bidding mechanisms such as hybrid and round-the-clock renewable energy projects.
Joshi also highlighted India’s efforts to strengthen clean energy supply chains and expand domestic manufacturing of solar modules, wind turbines, batteries and electrolysers. These initiatives, he said, are contributing to national self-reliance while supporting diversified global supply chains.
Emphasising the human dimension of the energy transition, the minister referred to flagship programmes aimed at empowering households and farmers through access to clean, affordable energy.
Noting that the global energy transition will require unprecedented investment and cooperation, Joshi said India alone is expected to need around USD 300 billion by 2030. “This creates significant opportunities across renewable generation, energy storage, green hydrogen, grid infrastructure and manufacturing,” he said, adding that stable policies and transparent markets continue to make India one of the most attractive destinations for clean energy investment.
Calling for enhanced international cooperation, the minister stressed the importance of technology transfer, access to low-cost finance, capacity building and harmonisation of standards, especially to help developing countries scale up renewable energy without compromising development goals.
Reaffirming India’s strong support for IRENA, Joshi said India is ready to share its experience, institutions and technical expertise and to work closely with all member countries, particularly Least Developed Countries and Small Island Developing States, to accelerate the global renewable energy transition.
He concluded by stressing that India’s energy transition is not only about capacity addition, but about people, opportunity and building a shared, sustainable future.