Renewable Energy and Hydrocarbons
India's renewable energy sector is robustly advancing towards achieving 500 GW capacity by 2047, targeting net-zero emissions by 2070. As of 2024, the nation has installed 185 GW, thanks to major contributions from solar, wind, hydropower, and bioenergy. Supportive initiatives, such as the National Green Hydrogen Mission and Production Linked Incentive (PLI) schemes, bolster domestic production. The sector, employing over 1.2 million people, contributed 6% to India's GDP in 2023. Between 2020 and 2023, investments totalled $14.3 billion, with significant international corporate involvement. Projections indicate a rise to 280 GW by 2030, supported by $610 million in funding for renewable energy transmission infrastructure. India currently holds the fourth rank globally, aiming for 140 GW by 2030.
Renewable Potential and Projects in Assam
Assam boasts a 14,000 MW potential across solar, hydropower, and bioenergy.
With an average of 280 sunny days, Assam targets 500 MW of solar capacity by 2027.
Leveraging a 680 MW small hydropower potential with projects like the Lower Kopili Hydroelectric Project.
State policies encourage efficient waste management and energy generation.
Assam's infrastructure is primed for green hydrogen production, with ongoing collaborations, upcoming Green Hydrogen incentivisation policy.
Opportunities for Growth in Assam
Large-scale parks and rooftop installations to harness the state's solar potential.
Capitalising on Assam's rivers to bring clean energy to remote areas.
Biomass projects and bio-CNG production from waste.
Green Hydrogen projects utilising natural gas infrastructure.