Page 48 - Policy Economic Report - September 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

As a first step towards exploration of geothermal energy, the Ministry has sanctioned five projects in the
sector. These include both pilot initiatives and resource assessment projects aimed at exploring the
viability and potential of geothermal energy in India.

The Ministry of New and Renewable Energy (MNRE) will continue to monitor the progress while providing
a conducive environment for developers, industries, and research institutions to actively participate in
India’s clean energy transition.

With Scientific Solar Mapping and Training Initiatives, India is Building a Self-Reliant Clean Energy
Future: Union Minister Pralhad Joshi

Union Minister of New & Renewable Energy, Shri Pralhad Joshi, said that India is writing a new chapter in
clean energy history with the release of the updated Solar PV Potential Assessment Report and the launch
of the first Training Programme on Solar Cell and Module Manufacturing at the National Institute of Solar
Energy (NISE), Gurugram under the aegis of Seva Parv.

He was addressing a gathering at MNRE headquarters where the report “Solar PV Potential Assessment
of India (Ground-Mounted)” was released and the training programme was formally inaugurated. Shri
Joshi underlined that these initiatives mark a decisive step towards achieving India’s target of 500 GW
non-fossil fuel capacity by 2030, ensuring energy independence by 2047 and fulfilling the net-zero
commitment by 2070.

The Minister highlighted that India has already crossed 250 GW of non-fossil installed electricity capacity
and achieved the NDC target of 50% non-fossil share in installed capacity, five years ahead of the 2030
deadline. He noted that India has created a strong domestic manufacturing base with over 100 GW of
solar PV module capacity and more than 20 GW of wind turbine manufacturing capacity annually,
showcasing the vision of Atmanirbhar Bharat.

Release of Report: Solar PV Potential Assessment of India (Ground-Mounted)

India possesses one of the world’s richest solar resources, with average irradiance ranging from 3.5 to 5.5
kWh/m²/day across much of the country. Recognizing this opportunity, National Institute of Solar Energy
(NISE) (an autonomous institute of Ministry of New and Renewable Energy (MNRE) has undertaken an
updated, scientific, and spatially resolved assessment of India’s ground-mounted solar PV potential.

The new report builds on the earlier 2014 estimate of 749 GWp and incorporates cutting-edge
methodologies, including high-resolution GIS, satellite-derived datasets, and refined land-use models.

Key methodological features:

• High-resolution geospatial analysis to identify feasible solar sites.

• Integration of infrastructure and technical design factors, such as inter-row spacing, shading,
proximity to substations and road networks.

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