India Boosts Renewable Power 21 Percent as Coal Stocks Slip to Nine-Day Cover
Renewable Power grew 21% in the latest reporting period, according to CRISIL Intelligence, while coal inventory slipped to a nine‑day cover, the lowest level in recent months, signaling a rapid shift in generation sources.
Solar Energy continues to dominate the transition, IEEFA reports, with solar now supplying the largest share of new electricity capacity and accounting for over half of the incremental renewable growth recorded this year.
State Policies are identified as the decisive factor, IEEFA notes, as individual Indian states set aggressive solar and wind targets, streamline land approvals, and launch subsidy schemes that together drive the national renewable surge.
Energy Mix now shows renewables overtaking coal for the first time, according to Down To Earth, moving India closer to its 2030 goal of 50% non‑fossil electricity and reducing carbon intensity of the grid.
