Utility Scale RE

Green power transmission development in India Over 50GW of renewable capacity is stranded due to transmission constraints as of June 2025. Date of release: September 2025 Report by JMK Research and IEEFA India’s power transmission network, one of the largest in the world, spans over 494,000 circuit kilometres (ckm) of lines and 1.33 million megavolt-amperes of transformation capacity, forming a fully synchronised national grid. However, the network struggles to keep up with renewable energy deployment, leading to a growing gap between clean power…

Challenges in India’s Tender-Driven Renewable Energy Market Despite record-high utility-scale renewable energy tender issuances in 2024, ongoing issues with project execution could deter investor interest Date of release: March 2025 Report by JMK Research and IEEFA India’s utility-scale renewable energy tendering market is reaching new heights, with record-breaking issuances in 2023 and 2024. In 2024, the Ministry of New and Renewable Energy’s (MNRE) annual bidding plan, which mandates a minimum of 50GW of tendered capacity each year, primarily drove cumulative tender issuance to…

Achieving India’s Renewable Energy Target by 2030 Recommendations and solutions for overcoming existing challenges and regulatory bottlenecks Report by IEEFA and JMK Research, May 2024 India has ambitiously aimed for 500 gigawatts (GW) of renewable energy capacity by 2030, a crucial step towards sustainable energy independence. As of March 2024, the country has successfully installed approximately 190GW (including large hydro) of renewable energy, indicating significant progress towards India’s renewable energy target by 2030. However, to meet the 2030 target, an…

Utility-scale Renewable Energy Tendering Trends in India Intense investor interest results in a record 69GW of capacity issued yet some obstacles remain Report by IEEFA and JMK Research Large-scale renewable energy projects in India have been generating interest from both domestic and international players of late. After a slump in activity between 2019 and 2022 due to global price shocks and supply-chain issues brought on by the COVID-19 pandemic and Russia’s invasion of Ukraine, the utility-scale renewable energy market has…