India’s corporate renewable market is becoming more vibrant with strong demand, policy and technology levers. Driven by net zero targets and investor mandates, corporate consumers are rushing to adopt more renewable power.
Despite policy resistance in many states and huge cost pressure, annual installations grew by 125% in 2022. Total installed renewables capacity is expected to grow from an estimated 26,072 MW in December 2022 to 71,003 MW by end of 2027.
Figure: Corporate renewable capacity addition outlook
Source: BRIDGE TO INDIA research
After a slightly weak 2023, growth is expected to pick up strongly as costs fall sharply and policy stance becomes more favourable. This comprehensive report assesses all available and emerging procurement routes, business models and technologies with details of growth drivers and challenges, historic capacity addition and future outlook, state-level policy and regulatory landscape, economic viability and leading players.
