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India's Renewable Energy Potential Soars to 47 Lakh MW, Solar Leads Growth

India's total primary energy supply registered a healthy growth of 2.95% in FY2024-25. The country's renewable energy generation potential stands at a massive 47 lakh megawatt, with solar energy contributing the largest share at around 71%. Per capita energy consumption has shown a consistent increase, while credit flow to the energy sector has grown over six times since 2021. Coal remains the dominant source in the energy mix, though all sources, including renewables, have registered growth.

Key Points: India's Renewable Energy Surge & Primary Supply Growth in FY25

  • 2.95% growth in primary energy supply
  • Solar potential surges to over 33 lakh MW
  • Per capita energy consumption rises steadily
  • Credit flow to energy sector grows six-fold
2 min read

India sees healthy expansion in total primary energy supply, renewable resources surge

India's total primary energy supply grew 2.95% in FY25. Renewable energy potential hits 47 lakh MW, with solar power witnessing staggering growth.

"solar energy has witnessed a staggering growth from 748,990 megawatt during FY2023-24 to 33,43,378 megawatt during FY2024-25 - Energy Statistics India 2026"

New Delhi, March 30

The Indian economy has shown a healthy expansion in the total primary energy supply in FY2024-25, registering a growth of 2.95 per cent over the past year and stood at 9,32,816 KToE, the government said on Monday.

The country has a huge potential for generation of renewable energy which stands at 47,04,043 megawatt (as on March 31, 2025). In the total potential, solar energy has witnessed a staggering growth from 748,990 megawatt during FY2023-24 to 33,43,378 megawatt during FY2024-25 with highest share (around 71 per cent) followed by wind power (11,63,856 megawatt) and large hydro (1,33,410), according to the "Energy Statistics India 2026" publication by the National Statistics Office (NSO).

More than 70 per cent of the total potential for generation of renewable energy is concentrated in six states - Rajasthan, Maharashtra, Gujarat, Andhra Pradesh, Karnataka and Madhya Pradesh.

The per-capita consumption of energy over the years has gone up from 15,296 mega joule/person during FY2015-16 to 18,096 mega Joule/person during FY 2024-25 which is a CAGR of 1.89 per cent over the years, said the report.

Moreover, the credit flow to the energy sector in India has also experienced a steadfast growth over the years. From an amount of Rs 1,688 crore during 2021, it has gone up to Rs 10,325 crore during 2025 which is a growth of over six times during this period.

The gross generation of electricity from the renewable resources (both Utility and Non-Utility together) has also increased significantly over the years.

From an amount of 1,89,314 GWH of electricity generated during FY 2015-16, it has increased to 4,16,823 GWH during FY 2024-25, which is a CAGR of 9.17 per cent over the years.

Among all the major energy supply sources, coal has remained the dominant source, contributing the highest share to the total energy supply.

Energy supply from coal (including lignite) has increased from 3,87,761 Ktoe in FY 2015-16 to 5,52,315 Ktoe in FY 2024-25. All other sources like crude oil and natural gas, etc. have also registered a consistent growth over the periods. The total final consumption (TFC) of energy, into different end-use sectors, has also experienced a steady rise.

- IANS

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Reader Comments

P
Priya S
Great to see the numbers, but I hope this growth is equitable. The report says 70% potential is in just 6 states. What about the North-East or other regions? Development should not be concentrated. We need a national grid that benefits all.
R
Rohit P
The credit flow increase from ~1700 crore to over 10,000 crore is massive! This shows investor confidence. More jobs in green energy sector for sure. My cousin just got placed in a solar panel manufacturing unit in Gujarat.
S
Sarah B
While the renewable surge is impressive, coal is still the dominant source and its supply has also increased significantly. We need a clearer roadmap for phasing down coal dependency to meet climate goals. The growth is good, but the mix matters.
V
Vikram M
Per capita energy consumption going up is a direct indicator of improving living standards and economic activity. From 15k to 18k Mega Joule per person is solid progress. More power to our homes and industries! 💡
K
Karthik V
As someone from Karnataka, it's good to see our state among the top 6 for renewable potential. We have great wind and solar resources. But the real challenge is storage - hope the next report shows similar growth in battery tech and green hydrogen.

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