Overview
- Santosh Kumar Sarangi, secretary at the renewable energy ministry, said some export-focused projects will start later than planned because of policy uncertainty overseas.
- He pointed to slower decisions in Europe on clean energy targets and a postponed maritime decarbonization milestone as key drags on near-term demand.
- To build a domestic market, the ministry is working with the Petroleum and Natural Gas Regulatory Board on additional refinery supply tenders and is pushing uses in shipping and green methanol.
- Authorities are aligning forthcoming tenders with available grid connectivity and prioritizing more than 40 GW of renewable capacity lacking offtake deals within a 160 GW project pipeline toward the 500 GW-by-2030 goal.
- Parallel steps include talks on green energy shipping corridors with the ports of Rotterdam and Antwerp and a Solar Energy Corp. of India plan to aggregate demand from shipping companies for green methanol.