New Delhi: India has recorded its highest-ever Renewable Energy (RE) capacity addition in FY25 at 25 GW, registering a rise of 35 percent compared to the year-ago period, Union Minister for New and Renewable Energy Pralhad Joshi said during an interaction with the press on Tuesday. In the previous fiscal year 2023-24, India had recorded RE capacity addition of 18.75 GW. While RE capacity addition has usually hovered around 17-18 GW annually, this is the first time when the figure has gone up to 25 GW.
Commenting on the achievement, Prime Minister Narendra Modi said in a post on X, “A great development, illustrating the commitment of our people towards sustainability!” According to the latest datasets released by the Ministry of New and Renewable Energy (MNRE), India’s total non-fossil fuel-based capacity was 222.86 GW as of February 28, 2025.
Responding to a question on unsigned Power Purchase Agreements (PPAs), the minister, without sharing any numbers, said that the Central government is taking various steps to resolve the issue. Around 40-50 GW of renewable energy capacity is still waiting to sign PPAs, PSU Watch has reported earlier.
Joshi also said that the country’s remarkable renewable energy capacity installation was led by solar, surging from 15 GW to nearly 21 GW in FY25, clocking an impressive growth of around 38 percent. “This was also a special year for solar because we have crossed 100 GW this year under the leadership of Prime Minister Modi,” he noted.
The solar module manufacturing capacity in the country has almost doubled from around 38 GW in March 2024 to around 74 GW in March 2025. The cell manufacturing capacity in the country also increased nearly three times, increasing from 9 GW in March 2024 to around 25 GW in March 2025. In another first for the country, the first Ingot-wafer manufacturing facility of around 2 GW commenced production in FY 2024-25. Joshi said projects awarded under the PLI Scheme for High Efficiency Solar PV Modules have made investments of around Rs 41,000 crore and created direct employment for around 11,650 persons, as of February 2025.
“India may have already become or will soon become the third-largest renewable energy capacity holder in the world. This milestone is a testament to Prime Minister Modi’s vision for a sustainable and self-reliant energy future,” said Joshi.
In the very first year since the launch of PM Surya Ghar Muft Bijli Yojana, there has been remarkable progress with more than 11.01 lakh households benefitting till March 31, 2025. Rs 5,437.20 crore has been disbursed as Central Financial Assistance (CFA) to 6.98 lakh beneficiaries under the scheme.
India’s Green Hydrogen sector also saw significant developments. Incentives worth Rs 2,220 crore were awarded for 1,500 MW per annum of electrolyser manufacturing, while an additional Rs 2,239 crore was allocated for 4,50,000 tons-per-annum (TPA) of Green Hydrogen production. Under the National Green Hydrogen Mission, seven pilot projects were funded with Rs 454 crore for decarbonising the steel sector. Additionally, five pilot projects in the transport sector, with Rs 208 crore in funding, will introduce 37 hydrogen-fuelled vehicles and nine hydrogen refuelling stations.
The PM KUSUM Scheme witnessed record progress. In Component B, 4.4 lakh pumps were installed in FY25, a 4.2-fold increase over the previous year. In Component C, 2.6 lakh pumps were solarised, 25 times more than in FY24. The total number of solar pumps installed/solarised under the scheme has now exceeded 10 lakh. Financial expenditure for PM-KUSUM surged to Rs 2,680 crore, a 268 percent increase from the previous year.
