India falling behind on near-term renewables goal, says ReNew Energy Global

India recently reached 100 Gw of renewable power capacity

India may be one of the fastest-growing power markets, but it’s running behind in its goal for renewables capacity next year, according to one of the country’s biggest producers of clean electricity.

The country will have built 130 gigawatts (Gw) of renewables capacity including wind and solar by 2022, short of reaching the government’s target of 175 Gw, said Sumant Sinha, chairman of ReNew Energy Global, in an interview on Thursday. It will take another 12 to 18 months to reach that level, he said.

Still, there is a “fairly good chance” that the South Asian economy will reach its 2030 target