In response to Unstarred Question No. 1997, answered on 11.02.2026, regarding investment in green energy, the Minister of State for New & Renewable Energy and Power, Shri Shripad Yesso Naik, stated that the Government of India has set a target of 500 GW of non-fossil fuel-based installed power capacity by 2030. As of December 2025, the country has a non-fossil fuel based installed power capacity of 266.78 GW. The government is facilitating investment in the green energy sector through policy measures such as Renewable Purchase Obligation (RPO), Approved List of Models and Manufacturers (ALMM), and Domestic Content Requirement (DCR), as well as through financial measures like Production Linked Incentives (PLI) and loans through banks and Non-Banking Financial Institution (NBFC) channels. The aim is to create a conducive ecosystem for investment in green energy.
Key Entities Referenced
Ministry of New and Renewable Energy: The primary ministry responsible for policies related to renewable energy in India.
Renewable Purchase Obligation (RPO): A policy mechanism requiring certain entities to purchase or generate a specified minimum amount of renewable energy.
Production Linked Incentives (PLI): Financial incentives to boost domestic manufacturing and production in the renewable energy sector.
Domestic Content Requirement (DCR): A policy measure that mandates the use of domestically manufactured components in renewable energy projects.
Approved List of Models and Manufacturers (ALMM): A list of approved solar PV models and manufacturers that are eligible for government schemes and projects.
GOVERNMENT OF INDIA
MINISTRY OF NEW AND RENEWABLE ENERGY
LOK SABHA
UNSTARRED QUESTION NO. 1997
ANSWERED ON 11.02.2026
INVESTMENT IN GREEN ENERGY
1997 COM. SELVARAJ V
SHRI SUBBARAYAN K
Will the Minister of NEW AND RENEWABLE ENERGY be pleased to state:
(a) Whether it is a fact that the Government has decided to increase the investment in the green
energy producing sector with a view to achieving the goal of producing 60GW green energy
by 2032; and
(b) If so, details thereof?
ANSWER
THE MINISTER OF STATE FOR NEW & RENEWABLE ENERGY AND POWER
(SHRI SHRIPAD YESSO NAIK)
(a) & (b) The Government of India has set a target of 500 GW of non-fossil fuel-based installed
power capacity by 2030. As of December, 2025, the country has a non-fossil fuel based
installed power capacity of 266.78 GW.
The Government has been facilitating the investment in green energy producing sector through
policy measures like Renewable Purchase Obligation (RPO), Approved List of Models and
Manufacturers (ALMM), Domestic Content Requirement (DCR), etc. and through financial
measures like Production Linked Incentives (PLI), loans through banks and Non-Banking
Financial Institution (NBFC) channels and creating a conducive ecosystem for investment in
green energy.
.
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