India has significant potential for solar power generation, estimated at 750 GW. As of March 2022, India's total installed solar capacity was 56.8 GW, including 45.7 GW from solar power plants, 9.56 GW from rooftop solar, and 1.56 GW from off-grid solar. India has set a target to build 280 GW of solar capacity by 2030. The average cost of solar power from newly installed projects is now lower than grid tariffs in many Indian states.
India has significant potential for solar power generation, estimated at 750 GW. As of March 2022, India's total installed solar capacity was 56.8 GW, including 45.7 GW from solar power plants, 9.56 GW from rooftop solar, and 1.56 GW from off-grid solar. India has set a target to build 280 GW of solar capacity by 2030. The average cost of solar power from newly installed projects is now lower than grid tariffs in many Indian states.
India has significant potential for solar power generation, estimated at 750 GW. As of March 2022, India's total installed solar capacity was 56.8 GW, including 45.7 GW from solar power plants, 9.56 GW from rooftop solar, and 1.56 GW from off-grid solar. India has set a target to build 280 GW of solar capacity by 2030. The average cost of solar power from newly installed projects is now lower than grid tariffs in many Indian states.
Yearwise Installed Capacity of Electricity Generation from Utilities (MW) in India
(Source wise) Regionwise Installed Capacity of Electricity Generation (Utilities) Sectorwise distribution of Installed Grid-Interactive Renewable Power Capacity during 2020 -21 Power Consumption
Consumption of Electricity by Sectors in India
(Total Consumption = 12,27,000 GWh ) Sector wise Consumption of Electricity (In last 5 Years) Potential Power Production
Estimated Total Potential :- 1491 GW (Approx.)
Solar Power Generation :- 750 GW(Approx.) Wind:- 696 GW (Approx.)@ 120m height Source wise Estimated Potential of Renewable Power in India Solar Power Projects
Total installed and pipeline capacity as on 31 March 2022, MW
Capacity Till March 2022 • Total Installed Capacity:- 56.8 GW • Solar Power Plants Capacity :- 45.7 GW • Rooftop Solar Capacity :- 9.56 GW • Off-Grid Solar Capacity :- 1.56 GW • Allocated & Pipeline Projects Capacity :- 53.12 GW • Tendering Awaiting Result :- 17 GW
India targeted to build 280 GW solar Capacity by 2030
Average cost of supply and grid tariffs for consumers, INR/ kWh Landed cost of solar power vs grid tariffs for industrial consumers in select states (INR/ kWh) Project Developers (%) Project Developers(MW) Module Suppliers(Market Share%) Inverter Suppliers(MW) EPC Contractors(%) Thank You