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Title: India to triple renewables auctions as 2030 green target looms
Source:The Financial Express
Date:26 April 2023

India will more than triple the capacity of auctions used to allocate renewable energy projects as the nation seeks more progress toward a 2030 clean power target. A new federal government timeline outlines plans to strike agreements on installations of a total of 50 gigawatts of solar and wind projects during the year through March 2024. That compares with an average of 15 gigawatts auctioned annually in the last five fiscal years, according to BloombergNEFThe nation is accelerating project installations to hit a goal to have 500 gigawatts of clean energy generation capacity in 2030, which will also include hydro and nuclear plants. 




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