Renewables India 2017: towards grid parity - Status of RE Development in India, 2016-17

This report synthesizes a host of developments in the renewables sector during the year 2016-17 covering power generation from various renewable energy technologies, advances in policy and regulatory frameworks, growth in manufacturing capacity and investment flows, and contribution of renewables to emissions reduction. The analysis shows that 2016-17 has been a landmark year for renewables in India – capacity addition surpassing capacity added from conventional sources for the first time, quantum jump of generation from renewables, record low tariffs of solar and wind power, India’s largest power utility, National Thermal Power Corporation, expanding its renewables portfolio, as well as several policy developments.