Gujarat & Rajasthan: India's Renewable Energy Goldmines

Gujarat and Rajasthan have emerged as top destinations for renewable energy investments in India, drawing in more than half of the sector's total capital since 2020—even though they account for just over a third of the country’s total installed renewable energy capacity.

According to data from the Ministry of New & Renewable Energy (MNRE), nearly ₹4 lakh crore has been invested in renewable energy—including solar, wind, small hydro, large hydro, nuclear, and bio energy—over the five-year period ending in 2024.

Notably, Gujarat and Rajasthan secured a disproportionately large share of this investment relative to their existing infrastructure. This trend reflects a clear investor preference for these states, driven by their conducive policy frameworks, strong infrastructure, and rich natural resources.

The concentrated inflow of capital into Gujarat and Rajasthan highlights their pivotal role in accelerating India’s transition to clean energy.

News by Rahul Yelligetti.