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India’s Renewable Energy Surge: ICRA Projects 35 GW Capacity in FY2026

India’s Renewable Energy Surge: ICRA Projects 35 GW Capacity in FY2026

India’s renewable energy capacity rose 123 per cent to 20.1 GW by August this fiscal, driven by a strong project pipeline and favourable market conditions. However, bidding activity has slowed sharply, with only 3.4 GW auctioned in the first half of FY2026. India’s renewable energy (RE) sector has recorded a robust 123 per cent growth...