July 15 2020

Under the National Solar Mission, India aims to install 100 GW grid-connected solar power plants by 2022

Source: Invest India

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In 2019, India was ranked as the fourth most attractive renewable energy market in the world:

  • 5th largest installed capacity of renewable energy in the world
  • 4th largest installed capacity of wind power in the world
  • 5th largest installed capacity of solar power in the world

The market:

  • 1,000+ GW: Renewable energy potential in India
  • 81 GW: Installed renewable energy capacity (as of August 2019)
  • 22%: Share in total installed capacity
  • 137%: Increase in renewable installed capacity (FY 2013-14 to FY 2018-19)


The country has set an ambitious target of 450 GW of renewable power by 2030. This is the world's largest expansion plan in renewable energy.

Up to 100% FDI is allowed under the automatic route for renewable energy generation and distribution projects subject to provisions of The Electricity Act, 2003.

For further details, please refer FDI Policy