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POLICY AND ECONOMIC REPORT
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progress of trade missions focusing on offshore wind and green hydrogen, as well as the cooperation
between the UK’s Energy Systems Catapult and India’s Power Trading Corporation.

Recognizing the shared ambition for advancing offshore wind development, the Ministers announced the
establishment of a UK-India Offshore Wind Taskforce, which will focus on advancing offshore wind
ecosystem development, supply chains, and financing models in both countries. Mr. Miliband
commended India’s ambitious initiatives in the renewable energy sector and shown a strong interest in
gaining insights from India’s experience in implementing the Solar Rooftop Programme (PM – Surya Ghar
Muft Bijli Yojna).

The Ministers agreed on the importance of power market regulations in driving the energy transition and
ensuring greater energy security and access. To support this, they announced the continuation of the
Power Sector Reforms programme under the UK Partnering for Accelerating Climate Change (UKPACT).
Additionally, a new taskforce has been proposed between the UK’s Office of Gas and Electricity Markets
(OFGEM) and India’s Central Electricity Regulatory Commission (CERC) to support renewable energy
integration and grid transformation in India.

Both Ministers emphasized the ongoing value of the India-UK Energy Dialogue in advancing mutual energy
transition goals, ensuring energy access, and building secure and sustainable clean energy supply chains
while aligning these efforts with economic growth.

The Ministers expressed their intention to further strengthen their collaboration through the
Comprehensive Strategic Partnership and looked forward to the fifth UK-India Energy Dialogue in 2026.
The dialogue concluded with the launch of the ‘Best Practices Compendium of Industrial Energy
Efficiency/Decarbonisation’ and a ‘Pathways for Energy Efficiency and Decarbonisation in the Indian
Aluminium Sector’.

India Achieves Historic Milestone of 100 GW Solar Power Capacity

India has achieved a historic milestone by surpassing 100 GW of installed solar power capacity, reinforcing
its position as a global leader in renewable energy. This remarkable achievement is a testament to the
nation's commitment to a cleaner, greener future and marks a significant step toward realizing its
ambitious target of 500 GW of non-fossil fuel-based energy capacity by 2030 set by Prime Minister Shri
Narendra Modi.

Union Minister of New and Renewable Energy, Shri Pralhad Joshi said, “Under the leadership of Prime
Minister Shri Narendra Modi, India’s energy journey over the past ten years has been historic and
inspiring. Initiatives like solar panels, solar parks and rooftop solar projects have brought about
revolutionary changes. As a result, today India has successfully achieved the target of 100 GW of solar
energy production. In the field of green energy, India is not only becoming self-reliant but is also showing
the world a new path”.

Union Minister Joshi said that this achievement is powered by the relentless commitment to clear and
greener future. The Minister added that PM SuryaGhar Muft Bijli Yojana is making rooftop solar a

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