India’s RE Integration Strategy Enters Next Phase: Government Adopts Nuanced, Case-by-Case Approach to REIA Bids with Focus on Grid Strength, Storage and Market Reform

Key Points

1. India's renewable energy capacity has grown from around 35 GW in 2014 to over 197 GW in 2025 (excluding large hydro).
2. As of 30.09.2025, Letters of Award (LoAs) have been issued for 43,942 MW of renewable energy capacity where Power Sale Agreements (PSAs) remain unsigned.
3. Since April 2023, PSAs have been signed for 24,928 MW of renewable energy capacity.
4. The government is implementing a ₹2.4 lakh crore transmission expansion plan for 500 GW of renewable energy.
5. India added 29 GW of renewable capacity in FY 2024-25 and 25 GW in H1 FY 2025-26.