By bno – Mumbai Office Strong policy support by the government and energy transition goals are the primary factors driving India towards a renewable future, Vikram V, Vice President & Co-Group Head – Corporate Ratings, ICRA Limited told bne Intellinews in an interview. According to ICRA, the share of renewable energy including hydro in India’s power generation is forecast to rise to 35% by FY2030 compared to 21% in FY2024. India’s total power generation in FY2024 stood at almost 1,739bn units, according to government data. “The energy transition goals set by the government with the ultimate ob…