India’s Energy Transition and 2030 Goals
- Target Entry to 500 GW Renewable Energy
- India plans to add 500 gigawatts (GW) of renewable energy capacity by 2030.
- Solar capacity has increased 32 times in the last decade.
- Indian Railways’ Net Zero Target
- The Indian Railways have put plans in place for achieving net zero carbon emissions by 2030.
- Green Hydrogen Production
- Aim to produce annual 5 million metric tonnes by 2030.
Ethanol Blending and Sustainable Fuels Initiatives
- 19% Ethanol Blending Achieved
- Ethanol blending has saved foreign exchange, generated farmer revenue and reduced CO₂ emissions.
- Target of 20% Ethanol Blending by October 2025
- Earlier the target was 2030 but now accelerated to 2025.
- Initiative Around E20 Petrol & E100 Fuel
- E20 petrol (20% ethanol blend), now available at 15,600 outlets.
- E100 fuel launched in 2024 comprising 93 93.5% ethanol, 5% petrol and 1.5% co solvent.
- 500 Million Metric Tonnes of Sustainable Feedstock
- Strengthens India’s bio fuel production capabilities.
Manufacturing Energy and Resource Exploration
- Push into Solar PV Manufacturing
- Budget provisions for enhancing the policies of solar PV cell production & battery storage.
- Undiscovered Hydrocarbon Reserves
- India today has 10% of its entire 3.36 million sq km sedimentary basin currently explored.
- Govt aims to increase exploration to 16% by 2025 and 1 million sq km by 2030.
- India Today is a Petroleum Refining Hub
- Currently it is the 4th largest refining hub in the world.
