India has huge potential for renewable energy as supply and consumption grow: Centre

IANS March 29, 2025 256 views

India's renewable energy potential has reached 2.1 million megawatts, with wind power contributing over half. Four states—Rajasthan, Maharashtra, Gujarat, and Karnataka—account for more than 50% of this green energy capacity. The country has reduced transmission losses from 23% to 17% while achieving 7.8% growth in total energy supply. Per capita consumption has steadily increased alongside industrial and agricultural sector expansion.

"Percentage loss due to Transmission and Distribution has gone down to around 17% during FY 2023-24" – Ministry of Statistics
India has huge potential for renewable energy as supply and consumption grow: Centre
New Delhi, March 29: India has a huge potential for generation of renewable energy which stood at 21,09,655 megawatts (as on March 2024(, the government said on Saturday, adding that the country is experiencing a steady and healthy growth in both energy supply and consumption.

Key Points

1

Wind power dominates 55% of India's 2.1M MW renewable potential

2

Rajasthan leads with 20.3% of total green energy capacity

3

Renewable electricity generation grew 6.76% CAGR since 2015

4

Per capita energy consumption rose 2.55% annually in last decade

The potential of generating energy from wind power had the dominating share of 11,63,856 megawatts (around 55 per cent) which was followed by solar energy (7,48,990 megawatts) and large Hydro (1,33,410), according to the Ministry of Statistics and Programme Implementation.

More than half of the potential for generation of renewable energy has been concentrated within the four states -- Rajasthan (20.3 per cent), Maharashtra (11.8 per cent), Gujarat (10.5 per cent) and Karnataka (9.8 per cent).

The installed-capacity for generating electricity (including Utility and Non-Utility) from the renewable resources has also experienced a significant growth over the past years.

From 81,593 megawatts (as on March 31, 2015), it has risen to 1,98,213 megawatts )as on March 31, 2024) -- which is a CAGR of 10.36 per cent over the years.

The gross generation of electricity from the Renewable resources (both Utility and Non-Utility together) has also increased significantly over the years. From an amount of 2,05,608 GWH of electricity generated during FY 2014-15, it has increased to 3,70,320 GWH during FY 2023-24, which is a CAGR of 6.76 per cent over the years, the data showed.

India has also experienced a substantial growth in the per-capita consumption of energy over the years. It has gone up from 14,682 Mega Joule/person during FY 2014-15 to 18,410 Mega Joule/person during FY 2023-24 which is a CAGR of 2.55 per cent over the years.

The utilisation of the electricity has been significantly improved over the years by reducing the losses incurred due to transmission and distribution.

"Percentage loss due to Transmission and Distribution which was around 23 per cent during FY 2014-15 has gone down to around 17 per cent during FY 2023-24," said the ministry.

Among all the major end-use energy- consuming sectors, the Industry sector has witnessed maximum expansion during FY 2023-24. All other sectors like Commercial and Public service, Residential, Agriculture and Forestry have also registered a consistent growth over the periods.

"The Indian economy has depicted a healthy expansion during the FY 2023-24, with the Total Primary Energy Supply (TPES) registering a growth of 7.8 per cent over the past year and stood at 9,03,158 KToE (Kilo Tonnes of oil Equivalent)," said the ministry in its annual publication "Energy Statistics India 2025".

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