Dedicated task force to be formed to achieve 500 GW by 2030

Dedicated task force to be formed to achieve 500 GW by 2030

According to Union Minister of New and Renewable Energy Pralhad Joshi, a dedicated task force with all stakeholders will be set up by the Ministry of New and Renewable Energy (MNRE) in collaboration with the Ministry of Power to achieve the goal of 500 GW by 2030. The minister announced this while addressing the valedictory session of the two-day Chintan Shivir event organised by MNRE in Bhubaneswar, Odisha.

The Union Minister emphasized the need to install 288 GW of renewable energy capacity over the next six years, requiring a substantial investment of Rs 42 lakh crore, including transmission infrastructure. This requires all stakeholders to work together to solve the various challenges in the RE sector, he said.

The two-day Chintan Shivir 2024 discussed the critical challenges in the RE sector. Over two days, 17 sessions encompassing a range of critical topics such as solar and wind energy deployment, green hydrogen, energy storage, land evacuation and transmission planning and policy development, were held to achieve ambitious goal of 500 GW of non-fossil fuel energy by 2030. These sessions were attended by leading decision-makers, financial institutions, industrialists, CEOs, and key officials from central and state governments who are integral to India's renewable energy journey.