India targets 777 GW power capacity by 2030 with focus on thermal and hydro
Author: PPD Team Date: December 3, 2024
Author: PPD Team Date: December 3, 2024
Union Minister of State for Power, Shripad Naik, informed Parliament that India is actively expanding its power generation and transmission capacity to meet growing energy demands.Â
Currently, 29,200 MW of thermal capacity is under construction, with 51,520 MW in the planning stages. The government aims to add 80,000 MW of thermal capacity by 2031-32.
As of October 2024, India’s total installed capacity is 454.452 GW, with a target of reaching 777.14 GW by 2029-30.Â
Hydroelectric projects totalling 13,997.5 MW and pumped storage projects (PSPs) of 6,050 MW are under construction.Â
Additionally, 24,225.5 MW of hydroelectric projects and 50,760 MW of PSPs are in planning phases, to be completed by 2031-32.
To support this growth, 1,91,474 ckm of transmission lines and 1,274 GVA of transformation capacity (at 220 kV and above) are planned for development between 2022-23 and 2031-32.
Author: PPD Team Date: October 15, 2025 The Ministry of New and Renewable Energy (MNRE) has recognised Deendayal Port Authority (Gujarat), V.O. Chidambaranar Port Authority (Tamil Nadu), and Paradip Port Authority (Odisha) as green hydrogen hubs under the National Green Hydrogen Mission (NGHM). Under the mission’s cluster-based model, ports will serve as key nodes for hydrogen development, helping overcome transport challenges, improve project viability, and achieve economies of scale. Guidelines issued on June 27 for…
Author: PPD Team Date: January 30, 2025 Bridge and Roof Company (India) Limited secured an engineering, procurement, and construction (EPC) contract worth Rs 3.51 billion for the development of a 100 MW solar photovoltaic (PV) project at Nawa in Didwana Kuchaman district, Rajasthan, on January 21, 2025. The project was originally bid by SJVN Green Energy Limited (SGEL), a wholly-owned subsidiary of SJVN Limited, which invited EPC bids in April 2024. The 100 MW solar…
Author: PPD Team Date: January 12, 2026 Saatvik Green Energy Limited has informed the stock exchanges that its subsidiaries have received and accepted two new domestic orders covering engineering, procurement, and construction services and solar module supply. In the first order, the company’s wholly owned subsidiary, Saatvik Cleantech EPC Private Limited, has secured a turnkey engineering, procurement, and construction (EPC) contract valued at Rs 20.84 crore. A domestic solar developer has awarded the order and…
Author: PPD Team Date: September 29, 2025 Venwind Refex Power Limited, part of the Refex Group, has received a contract to deliver wind turbine generators and tubular towers for power projects in Gujarat. The total order is worth Rs 4.74 billion. It was awarded by an independent power producer through a domestic tender process. The contract covers supply, testing, pre-commissioning, and commissioning of the wind turbine generators. It also includes technical support for foundation casting…
Author: PPD Team Date: October 17, 2025 Blueleaf Energy and Jakson Green have achieved financial close for their 840 MWp Bikaner solar projects in Rajasthan, marking the completion of funding for the partners’ 1 GWp Rajasthan Solar Portfolio. The financing was secured with Axis Bank. The portfolio includes two ground-mounted solar plants of 280 MWp and 560 MWp capacity. These projects are supported by 25-year power purchase agreements (PPAs) with the Solar Energy Corporation of…
Author: PPD Team Date: November 19, 2025 INOXGFL Group companies have signed two separate agreements with the KP Group to jointly build 5 GW of renewable energy capacity across India. The plan covers wind, solar, and hybrid projects and brings together the strengths of both groups in manufacturing, project development, and long-term operations. Inox Wind Limited and KP Energy Limited will work together on 2.5 GW of wind and wind solar hybrid projects. Inox Solar…