Technology Development Board, New Delhi (TDB) provides financial assistance to Indian industrial concerns and other agencies, attempting development and commercial application of indigenous technology, or adapting imported technology to wider domestic applications.TDB aims to strengthen the weak zone of technology development and commercialisation in the selected sector by supporting technology development in the industry with short, medium and long-term risk horizons.

India has made significant investments to improve energy access, modernise grid infrastructure, and rural electrification. While the expansion of energy, India is also facing a dual challenge: meeting the growing energy demand while mitigating climate change. In response to these challenges, India is focusing on the implementation of advanced cutting-edge sustainable energy solutions such as green and clean power generation, advanced energy storage systems, and effective utilization of Bio-Energy. Through these innovative measures, India aims to effectively meet its energy demands while also prioritizing environmental sustainability.India is embarking on an ambitious journey to expand its Renewable Energy (RE) capacity, aiming for 500 GW by 2030 and potentially 1 TW by 2035 (Report from Ministry of Power). Solar energy led the charge with an installed capacity of 85.47 GW. Wind energy followed closely, contributing 39.19% to India’s renewable energy generation, with an installed capacity of 46.65 GW as of 30.06.2024 (Minister of State for New & Renewable Energy, Report). In clean hydrogen, India has set a target to achieve a production capacity of 5 million metric tonnes (MMT) by 2030 (National Green Hydrogen Mission). More attention has been paid to energy storage and green hydrogen due to the country’s techno-commercial maturity and demand requirements.

India plans to build 47 gigawatts (GW)/236 GW hours (GWh) of battery storage capacity by 2031-32 (ISGF-Report-on-Energy-Storage-System-(ESS). This ambitious scale-up is equivalent to installing nearly 80 of the largest battery storage facilities globally and is 110 times larger than the capacity of India’s current battery energy storage systems.

Bioenergy is increasingly becoming a crucial alternative to fossil fuels, offering both environmental benefits and economic opportunities, particularly in rural areas.
The government’s strategy encompasses several vital areas, including ethanol and biodiesel blending, Compressed Biogas (CBG), Sustainable Aviation Fuels, biomass utilization (such as pellets and briquettes), Biohydrogen, and waste-to-energy solutions. The ethanol blending percentage has surged from 1.53% in 2014 to 15% in 2024 and hence the government has set an ambitious target of reaching 20% blending by 2025 (Ministry of Petroleum & Natural Gas). The vital role of biofuels in reducing fossil fuel dependence and emissions, paving the way for a cleaner and more sustainable future

India has set bold ambitions and demonstrated remarkable progress on energy transition investment. It surpassed its 2030 goal of achieving 40% of installed capacity from renewable energy sources nine years in advance. To replicate this success and complement it with “made in India” goals, the central and state governments in India have implemented numerous policies and regulations.