New Delhi, Nov. 12 -- India's expansion of renewable energy capacity has helped the country avoid more than USD 100 billion in coal and natural gas import costs between 2011 and 2025, highlighting the economic and energy security benefits of generating more electricity domestically, according to a report by the International Energy Agency (IEA).

The IEA's India Renewable Energy Market Report 2026 estimates that renewable electricity generation helped India save more than USD 100 billion, equivalent to around Rs 9.4 lakh crore, in fuel import expenses over the 15 years.

The savings could increase significantly in the coming years as India continues to expand its solar, wind and bioenergy capacity.

The report estimates that cumulative sa...