Union Minister for New and Renewable Energy Shri Pralhad Joshi delivered India’s national statement at the 16th Assembly of the International Renewable Energy Agency (IRENA) in Abu Dhabi, reaffirming India’s strong commitment to a just, equitable, affordable and sustainable global energy transition. He stated that India’s approach is guided by the principle of Vasudhaiva Kutumbakam—One Earth, One Family, One Future—and anchored in equity, inclusivity and long-term policy stability. The Minister reiterated India’s targets of achieving 500 GW of non-fossil fuel installed power capacity by 2030 and Net Zero emissions by 2070.
Major Renewable Energy Milestones
Highlighting a key achievement, Shri Joshi informed the Assembly that India has reached 50 per cent of its installed electricity capacity from non-fossil fuel sources in 2025, five years ahead of its Nationally Determined Contribution (NDC) target under the Paris Agreement. India’s renewable energy capacity has crossed 266 GW, reinforcing its position among the world’s leading renewable energy markets.
Strengthening Power Systems and Supply Chains
The Union Minister underlined that as one of the fastest-growing major energy markets, India is prioritising reliable and resilient power systems. Efforts include rapid deployment of energy storage solutions, grid modernisation, development of Green Energy Corridors and innovative bidding models such as hybrid and round-the-clock renewable energy projects. He also highlighted India’s focus on expanding domestic manufacturing across solar, wind, batteries and electrolysers, supporting national self-reliance while contributing to diversified global supply chains.
People-Centric Energy Transition
Emphasising inclusivity, Shri Joshi highlighted flagship initiatives aimed at empowering households and farmers. Under the PM Surya Ghar: Muft Bijli Yojana, around 2.5 million households have benefited from rooftop solar installations within two years, with a target of 10 million households by March 2027. Under the PM-KUSUM scheme, about 2.17 million farmers have benefited through the replacement of diesel pumps and solarisation of agricultural feeders.
Investment Needs and International Cooperation
The Minister noted that India’s energy transition is expected to require investments of around USD 300 billion by 2030, creating significant opportunities across renewable generation, storage, green hydrogen, grids and manufacturing. Calling for enhanced international cooperation, he stressed the need for technology transfer, access to affordable finance, capacity building and harmonisation of standards, particularly for developing countries.
Engagements and Bilateral Cooperation
Reaffirming India’s strong support for IRENA, Shri Joshi expressed readiness to share India’s experience and technical expertise, especially with Least Developed Countries and Small Island Developing States. He also participated in a high-level dialogue on reimagining energy futures and met UAE Minister Dr. Amna bint Abdullah Al Dahak to further strengthen India–UAE cooperation on climate action, clean energy and sustainability.
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