India observes National Energy Conservation Day on December 14 of every year to raise awareness about the need for energy conservation. On this day, the Bureau of Energy Efficiency (BEE),
which is part of the Ministry of Power, hosts a series of events to emphasise the importance of energy efficiency and how it can benefit both current and future generations.
The National Energy Conservation Day also recognises India's achievements in the domains of energy efficiency and conservation, as well as the country's efforts to mitigate the effects
of climate change.
While individual energy conservation is important, here's are India's larger attempts to develop renewable and sustainable energy sources.
—India is swiftly advancing toward being one of the world's major producers of renewable energy. According to the Ministry of New and Renewable Energy, India's total renewable
energy installed capacity had reached above 89.63 GW as of October 31, 2020.
—India has surpassed China as the world's third-largest electricity generator.
—As of November 2021, the country's power grid had a total capacity of around 392 GW. India's electricity is generated mostly by thermal, nuclear, and renewable energy technologies.
— India's renewable energy sector is the world's fourth most appealing renewable energy market. India ranked fourth in the world in terms of overall renewable energy installation
capacity in 2020.
--Apart from that, India was rated fourth in terms of wind energy installation capacity and fifth in terms of solar energy installation capacity.
--The Central Electricity Authority of the Union Ministry of Power publishes a monthly report on installed capacity in India. According to the report, the renewable energy capacity in India
is 150.54 GW, as of November 2021, with large hydro energy accounting for 46.51 GW, small hydro projects making up for 4.83 GW, wind power for 40.03 GW, solar energy for 48.56 GW, biomass power or cogeneration for 10.17 GW,
and waste to energy accounting for 0.43 GW.
--To stimulate the use of solar, wind and hydro energy, the Ministry of New and Renewable Energy (MNRE) has set an ambitious RE target of 175 GW by 2022, which will be expanded to
450 GW by 2030.
--MNRE has taken a number of steps to promote the expansion of renewable energy sources, lowering fossil fuel usage.