Mumbai, Aug. 29 -- Pradip Kumar Das, Chairman & Managing Director, Indian Renewable Energy Development Agency Limited (IREDA) shared insights during a panel discussion on "Green Transition - Innovative Development and Financial Models for Renewable Energy" at Rajasthan Business Summit 2025.

Das underlined that India has firmly entered the acceleration phase of its green transition, with RE capacity crossing 237 GW by July 2025 and non-fossil sources contributing 50% of installed power. With over 60 unique groups winning utility-scale tenders in FY25, he noted the market's growing depth and stressed that meeting the 485 GW target by 2030 will require annual additions of nearly 50 GW, supported by stronger domestic manufacturing, timely gr...