The Renewable Energy Implementing Agencies (REIAs) have issued Letters of Award (LoAs) of 67,554 MW of renewable power procurement tenders since April 2023 highlighting the growing demand for solar plus storage projects, the ministry of new and renewable energy informed Rajya Sabha on Tuesday. There have been no cancellations after issuance of these LoAs.
India has already achieved 50% of its installed electricity capacity from non-fossil fuel sources, five years ahead of the target set under its Nationally Determined Contributions to the Paris Agreement.
