Renewables account for 75% of India’s power capacity addition in FY26 | Industry News

Of this, solar power capacity addition stood at 34,955 MW, while 4,613 MW of wind power was added by the end of January. Thermal capacity addition stood at 8,810 MW, large hydro power capacity addition at 3,370 MW and 700 MW of nuclear power capacity during the period.

Overall, India added 52,537 MW of generation capacity from all sources in the April 2025 to January 2026 period, marking the highest-ever capacity addition in a single year, the ministry said. In the previous financial year, 2024–25, total capacity addition stood at 34,054 MW.

“During FY26 up to January 31, more than 11 per cent was added to the total installed capacity. Total installed power generation capacity stood at 520.5 GW, comprising 248.5 GW fossil fuel-based energy and 263 GW renewable energy,” MNRE said.

As part of the pledge made at COP26, India is planning to add 500 GW of non-fossil fuel-based electricity capacity by 2030. While capacity addition is on track to reach the target, the eventual electricity generation from renewable sources has been modest due to structural challenges.

Of the tenders issued by Renewable Energy Implementing Agencies (REIAs) — including Solar Energy Corporation of India (SECI), NTPC Limited, NHPC and SJVN, as intermediary procurers — Letters of Award (LoAs) have been issued for 42,626 MW capacity by the end of October 2025, but Power Sale Agreements (PSAs) with end-procurers have not been signed.