India targets 500 GW non-fossil power capacity by 2030

India aims to achieve 500 gigawatts (GW) of non-fossil power capacity by 2030, a significant increase from the current 165 GW. However, recent reports indicate weak demand for clean energy tenders, with 8.5 GW remaining undersubscribed. The undersubscription rate has increased five-fold compared to 2023, attributed to complex tender structures and delays in transmission readiness. These challenges may deter future investment in India's renewable energy projects. Despite these setbacks, some analysts view the record-breaking tenders as a sign of growing interest in clean energy, driven by rising power demand and ambitious policy goals.