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Mismatch in rapid renewable power addition and demand growth in India

India is adding more renewable power to the grid than the actual demand, which is straining the grid, increasing the transmission charges, causing a rise in the effective price in the electricity. The renewable power output grew in its fastest pace in the first half of 2025. The country achieved 50% of its installed electricity capacity from non-fossil fuel sources earlier this year, amid its target of adding 500 gigawatts by 2030.  

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ONGC and NTPC to form JV for renewable energy

This is a good step towards speeding up the development of renewable energy in India. Both companies have assets and expertise which would aid in all areas of renewable. The venture should specifically work well for Offshore wind, which is a new upcoming area to explore and with recent offshore wind policy of India in place, the future looks exceedingly promising.

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