India, Dec. 7 -- The Government of India has issued a release:
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.
As of 31 October 2025, the installed capacity from non-fossil sources stands at about 259 GW, with 31.2 GW added in the current financial year up to October 2025.
At several places it is being reported that Ministry of New & Renewable Energy (MNRE) has issued advisory to lenders to pause fresh financing to Renewable Energy Projects amid significant overcapacity concerns.
It is hereby clarified that MNRE has not issued any advisory to Financial Institutions for stopping lendi...