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India Commits to 50% Non-Fossil Fuel Electricity by 2030 – ET

The new target will focus on renewable and nuclear power, said the report, taking another step towards India’s net zero by 2070 ambition


People shop in a crowded market amidst the spread of the coronavirus disease (COVID-19), in Kolkata, India, January 6, 2022. REUTERS/Rupak De Chowdhuri/File Photo
People shop in a crowded market Kolkata, India, on January 6, 2022. File photo: Reuters.

 

India’s cabinet approved a move to make 50% of its electric power capacity non-fossil fuel-based by 2030 on Wednesday, the Economic Times reported.

The new target will see a focus on renewable and nuclear power, said the report, but will be conditional on India receiving technology support and low cost finance from the Green Climate Fund (GCF). The agreement marks another step towards India’s ‘net zero by 2070’ ambition, it added.

Read the full report: Economic Times

 

Read more:

South Asia in Climate Spotlight in Wake of Brutal Heatwave

India Could Become Carbon-Neutral Ahead of Schedule

India Takes Green Hydrogen Route in Clean Energy Push

 

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.