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Experts Identify Major Challenges in India’s Energy Transition at BT India@100

August 20, 2024 2 min read
author Anamika Mishra, Sub Editor
India's ambitious goal of achieving 500 GW of non-fossil power by 2030, driven primarily by solar and wind energy, faces significant hurdles, according to experts speaking at the Business Today India@100 session on Navigating the Green Transition. The three main challenges identified are land acquisition, energy storage solutions, and dependence on China for the supply chain. Rajeev Gupta, CEO of NTPC Green Energy Ltd. (NGEL), emphasized that expanding renewable capacity will require vast land areas, a contentious issue given that land acquisition remains a federal concern. “Land acquisition will be a significant challenge, and we need to address it collectively. We must also enhance central and state transmission networks and build a robust supply chain for capacity expansion,” Gupta said. NGEL, the green energy division of NTPC, aims to increase its renewable energy capacity from 3.7 GW to 60 GW by 2032. The company is also exploring battery storage and pump hydro solutions to support its goals. The Solar Energy Corporation of India (SECI) is focusing on storage solutions to address the intermittent nature of renewable energy and ensure continuous supply

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