Telangana Aims For 20,000 MW Renewable Energy Boost With New Policy By 2030

Telangana is set to introduce a new Renewable Energy policy aimed at expanding its renewable energy capacity by 20,000 MW by 2030, significantly boosting its current generation and storage capacity of over 11,000 MW. Deputy Chief Minister Mallu Bhatti Vikramarka revealed the plan during a stakeholder meeting for the Telangana Clean and Green Energy Policy-2024. The state’s ambitious target will focus on standalone renewable energy projects, along with innovative solutions such as floating solar, waste-to-energy, and green hydrogen.

Currently, Telangana’s renewable energy capacity stands at 11,399 MW, which includes 7,889 MW of solar energy and 2,518 MW of hydro energy. To meet the growing energy demand, the state is focused on expanding its clean energy infrastructure. As part of its development plans, Telangana is undertaking major infrastructure projects like Future City and Pharma City. These projects are expected to drive a substantial increase in peak electricity demand, which is projected to rise from 15,623 MW in FY 24 to 24,215 MW by FY 30, and further to 31,809 MW by FY 35.

To meet these future energy needs, the government is committed to providing clean, reliable, and affordable energy solutions. The proposed Renewable Energy policy includes incentives such as reimbursement of Net SGST (State GST), stamp duty, transmission and distribution charges, as well as waivers on electricity duties. These measures are designed to reduce the cost burden on developers, making large-scale investments more financially viable.

The new policy is expected to be discussed in the state cabinet soon and will focus on innovation and effectiveness to ensure that Telangana stays on track to meet its renewable energy goals and address the growing energy needs of the state.