India has crossed 52.57% non-fossil installed capacity — five years early.
Solar tariffs have fallen from ₹17/unit in 2010 to under ₹2.50 today — one of the fastest technology cost reductions in history. The policy framework that made this possible determines the trajectory of the Grid Emission Factor (currently 0.710 tCO₂/MWh) and therefore every industrial Scope 2 calculation under CCTS and CBAM.
India’s renewable energy policies have driven solar tariffs from Rs 17 per unit in 2010 to under Rs 2.50 today — one of the fastest cost reductions in any energy technology in any country. The policy framework that made this possible sits under MNRE and spans the National Solar Mission, the National Wind Energy Policy, the Offshore Wind Policy, and the Wind-Solar Hybrid Policy. India has already crossed 52.57 percent non-fossil installed capacity, meeting its 2030 NDC target five years early.
For industrial consumers, the pace and direction of renewable energy deployment directly determines the cost and availability of clean electricity for open access procurement. These are not abstract policies. They shape the tariffs that industry pays, the transmission infrastructure available for cross-state procurement, and the long-run trajectory of the Grid Emission Factor — currently 0.710 tCO₂/MWh (CEA V21.0) — which determines the Scope 2 component of every CCTS GEI calculation. As India pursues its ambitious 2035 NDC targets, the GEF will continue to fall, automatically improving the Scope 2 GEI of every industrial consumer drawing from the grid.
National Solar Mission
Launched in 2010, the National Solar Mission has been the cornerstone of India’s renewable energy expansion. It established competitive bidding frameworks that drove tariff discovery and supported domestic manufacturing through production-linked incentives. The Mission’s most significant contribution to industrial decarbonisation has been the sustained fall in solar tariffs, making renewable electricity significantly cheaper than coal-based power across most of India.
MNRE National Solar Mission page →National Offshore Wind Energy Policy
The National Offshore Wind Energy Policy opens India’s 7,600 km coastline to offshore wind development and targets large installed offshore capacity by 2030. Development zones have been identified off Gujarat and Tamil Nadu. Offshore wind generates electricity more consistently than onshore sources, making it particularly valuable for industries that require continuous renewable power supply. CERC recently applied a 4× multiplier to offshore wind RECs.
MNRE Offshore Wind page →National Wind Energy Policy
India has over 45 GW of installed onshore wind capacity, concentrated in key states. The Policy guides onshore wind development, covering resource assessment, grid connectivity, and the wind-specific elements of renewable energy auctions. The repowering of older, lower-capacity turbines is an increasing part of the policy agenda. For industrial consumers, wind power offers a cost-stable complement to solar across more hours of the day.
MNRE website →Wind-Solar Hybrid Policy, 2018
Promotes co-located wind and solar projects, where both generation sources share transmission infrastructure. Hybrid projects improve the capacity utilisation of transmission lines. For industrial consumers procuring power through long-term PPAs, hybrid projects deliver more stable supply across more hours of the day, reducing storage requirements and backup costs. Hybrid auctions have become a regular feature of India’s procurement landscape.
MNRE website →Renewable policies shape the power procurement strategies for every heavy industry. Follow the links to see how this impacts individual sector pathways.