Telangana sets target to increase renewable energy to 20,000 MW by 2030

Hyderabad: Telangana has set an ambitious target to increase its renewable energy capacity from the present 11,399 MW to 20,000 MW. In line with the ambition, the Telangana government has been holding consultations with different stakeholders to roll out a comprehensive green energy policy.

Current renewable energy capacity of 11,399 MW encompasses 7,889 MW of solar power, 2,518 MW of hydropower, 771 MW of distributed renewable energy, and 221 MW of other renewable energy like wind power.

“Projects like Srisailam and Nagarjunasagar have pumped storage. Advanced solutions such as floating solar projects and green hydrogen technology are under consideration. Telangana has a wind power potential of 54,717 MW, ranking among the top eight states in the country. For the development of the EV sector, around 872 EV charging stations are already available,” said Telangana deputy chief minister and energy minister, Mallu Bhatti Vikramarka.

It is estimated that the peak power demand is expected to increase from the current 15,623 MW in Financial Year 2023-24 to 24,215 MW by 2030 and 31,809 MW by 2035.

“Clean, reliable, affordable, and sustainable energy sources are crucial to meet this demand. Telangana state has a wind power potential of over 54,717 MW. Additionally, with 300 sunny days, the state is favorable for photovoltaic solar projects. In this context, the state government is promoting advanced methods such as floating solar projects, green hydrogen technology, and pumped storage. The state is attracting investors by offering incentives such as tax exemptions and payment subsidies to entrepreneurs. Moreover, the government is also advancing projects like converting waste into energy,” Vikramarka told different stakeholders drawn from different parts of the country gathered at a meeting held here on Friday.

He added that the Telangana government's goal is to improve people's lives while increasing their participation in energy consumption. In this process, the state has focused on infrastructure development.

"The government is determined not only to reach a capacity of 20,000 MW of renewable energy by 2030, but also to establish Telangana as a green energy hub and a power surplus state, thereby selling power to other states. We are also looking at forming JVs with other states to establish power projects,” Vikramarka told reporters on the sidelines of the stakeholders meeting.