India reaches 50% renewable power – Waaree, Adani Green and NTPC Green stock surges

India has crossed an ambitious milestone by achieving 50 per cent of its entire installed energy capacity from renewable sources — five years ahead of its 2030 target for renewable energy under the Paris Agreement. This announcement and massive leap forward, confirmed by the Ministry of New and Renewable Energy, highlight India's increasing energy independence and increasing technological expertise in renewables.

Image source: Hydropolis
Union Minister for New and Renewable Energy Pralhad Joshi commented on a social media platform: "India’s total installed energy capacity stands at 484.8 GW, of which 242.8 GW comes from non-fossil clean energy sources."
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