New Delhi, Feb. 28 -- Minister of State for Power and New and Renewable Energy Shripad Yesso Naik said India's energy transition is an ongoing transformation driven by firm targets and decisive policy action.

Addressing the two-day 'India Energy Transition Summit' organised by Federation of Indian Chambers of Commerce and Industry (FICCI), he reiterated the goal of 500 GW of non-fossil fuel capacity by 2030 and net zero by 2070 under Prime Minister Narendra Modi's vision.

A FICCI-CRISIL report on energy storage and a FICCI souvenir on India's energy transition were released during the inaugural session.

India's total installed power capacity has crossed 520 GW, with over half from non-fossil sources. Solar capacity has more than triple...