Business

In FY24, India installed a record 18 GW of renewable energy capacity; to reach the ambitious aim of 500 GW by 2030, 50 GW must be added annually. Vineet Mittal, Chairman of Avaada Group, discusses the difficulties in increasing renewable capacity, provides a summary of local solar PV module manufacturing, and supports the financial viability of energy storage systems in an interview with Aggam Walia. To reach its aim, India will need to add 50 GW of renewable capacity annually until 2030. What role do you think this will play?