Renewables
Renewable energy could save India $240 billion in coal, gas imports by 2030: IEA
CEII brief
ET EnergyWorld (India) reported on 6 Nov 2026: Renewable energy could save India $240 billion in coal, gas imports by 2030: IEA.
Read the full story on ET EnergyWorld (India)The savings are expected to increase as solar and wind power displace imported fossil fuels, with annual savings projected to reach around $35 billion by 2030, exceeding India’s actual non-coking coal and natural gas import bill in the financial year 2024-25.
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
19.1% of electricity in India was renewable in 2021Countries in this story
Original reporting © ET EnergyWorld (India). Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
