Page 53 - Policy Economic Report - April 2026

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

So far, a total of 283.46 GW of capacity from non-fossil fuel sources has been installed in the country as
on 31.03.2026. This includes 274.68 GW Renewable Energy (150.26 GW Solar Power, 56.09 GW Wind
Power, 11.75 GW Bio Energy, 5.17 GW Small Hydro Power, 51.41 GW Large Hydro Power) and 8.78 GW
Nuclear Power capacity.

India stands 3rd globally in Renewable Energy Installed Capacity (as per IRENA RE Statistics 2026 with data
as on December, 2025).

Total Renewable Energy Installed Capacity (GW)

Country Capacity

China 2258.02

USA 467.92

India 250.52

Brazil 228.20

Germany 199.92

Japan 134.53

Canada 110.51

World 5149.28

Ministry of New and Renewable Energy Showcases India’s Growing Hydrogen Startup Ecosystem at
One-Day Exhibition

The Ministry of New and Renewable Energy (MNRE) organized a one-day Hydrogen Startup Exhibition.
The aim of the exhibition was to promote the vibrant hydrogen startup ecosystem in the country.

The exhibition brought together 18 promising startups working across various segments of the green
hydrogen value chain, including electrolyser technologies, fuel cell applications, biomass-to-hydrogen
production, and digital solutions for hydrogen systems. The participating startups demonstrated their
technologies and products and interacted with key stakeholders from government, industry, and the
research community.

It may be noted that as per Department for Promotion of Industry and Internal Trade (DPIIT), there were
249 startups in the hydrogen area as of September 2025.

The participating companies included five electrolyzer startups (electrolyzers and associated stack
components), two hydrogen production startups, one fuel cell startup, one hydrogen applications startup,
one safety startup (MEMS-based sensor), two drone startups, three hydrogen cooking startups, one
artificial intelligence/machine learning startup, and two bio-hydrogen startups.

Principal Scientific Adviser to the Government of India, Prof. Ajay Sood, graced the occasion and interacted
with the startup founders. Other dignitaries included MNRE Secretary Shri Santosh Sarangi, Scientific
Secretary in the PSA Office Dr. Parvinder Maini, and NGHM Director Shri Abhay Bakre.

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