The rating is conducted by Power Finance Corporation (PFC)

Power Ministry releases 13th annual rating of DISCOMs

The Ministry of Power (MoP) has released the “13th Annual Integrated Rating & Ranking: Power Distribution Utilities” providing a detailed evaluation of the financial and operational performance of power distribution companies (DISCOMs) and power departments across India. The rating is conducted by Power Finance Corporation (PFC) on behalf of the ministry. The utilities are assigned grades ranging from A+ to D. Out of 72 utilities, 63 were rated, with Jammu Power Distribution Corporation Limited (JPDCL),…

India’s power generation and renewable capacity by state

India’s power generation and renewable capacity by state

The following table presents a detailed state and Union Territory-wise breakdown of India’s power generation capacity as of December 31, 2024, categorized by energy sources (All figures in MW): The following table presents a detailed state and Union Territory-wise breakdown of India’s installed renewable energy capacity as of December 31, 2024 (All figures in MW): Source: Rajya Sabha answers

India’s Renewable Energy Capacity Surges by 14% in 2024

India’s Renewable Energy Capacity Surges by 14% in 2024

Year-End Review: India’s Renewable Energy Progress in 2024 By November 2024, India had a total non-fossil fuel capacity of 214 GW, an increase of over 14% from the 187.05 GW recorded during the same period in 2023. From April to November 2024, India added nearly 15 GW of renewable energy, nearly doubling the 7.57 GW added in the same months of 2023. PM-Surya Ghar: Muft Bijli Yojana Launched on 13th February 2024 with an outlay…

10,273 ckm of Lines and 71,197 MVA Added: T&D in 2024

10,273 ckm of Lines and 71,197 MVA Added: T&D in 2024

Year-end review: Power transmission and distribution in India National Electricity Plan 2023-2032 The Government of India has finalized the National Electricity Plan for the period 2023-2032 to address a projected peak demand of 458 GW by 2032, with an estimated total investment of Rs 9.15 trillion. In the new plan, the transmission network will grow from 491,000 ckm in 2024 to 648,000 ckm by 2032, while transformation capacity will increase from 1,290 GVA to 2,342…

Installed Power Generation Capacity Surges by 83% in 2024

Installed Power Generation Capacity Surges by 83% in 2024

India’s total installed power generation capacity surged by 83.8%, increasing from 249 GW as of March 31, 2014, to 457 GW as of November 30, 2024. Here are the highlights of the power generation sector in 2024: Renewable Energy Expansion Since April 2014, 129 GW of renewable energy capacity, including large hydro, has been added. This includes: 91 GW of solar power 27 GW of wind power 3.2 GW of biomass 1.3 GW of small…

India's short-term power trading market grows 12% in FY24

India’s short-term power trading market grows 12% in FY24

  Power trading in India’s short-term market rose by 12% in FY24, reaching 218.22 billion units (BU) from 194.35 BU in FY23, as reported by the Central Electricity Regulatory Commission (CERC). Short-term transactions, including deviation settlement mechanism (DSM) volumes, consist of contracts under one year, executed bilaterally or through power exchanges, representing 12.5% of the country’s total electricity generation. The remaining 87.5% was sourced through long-term contracts and intra-state transactions by distribution companies. The CERC…

India surpasses 200 GW renewable energy milestone
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India surpasses 200 GW renewable energy milestone

India has crossed a major milestone in its renewable energy journey, with the nation’s total renewable energy capacity reaching 201.45 GW as of October 10, 2024, according to the Central Electricity Authority (CEA). When including the 8,180 MW of nuclear power, non-fossil fuel-based energy now accounts for nearly half of India’s total installed electricity generation capacity, which stands at 452.69 GW. Solar power leads India’s renewable energy contributions, generating 90.76 GW, followed by wind power…

In 2023, total global renewable energy capacity reached 3,864,522 MW, up from 1,698,295 MW in 2014, a more than twofold increase.
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Global Renewable Energy Statistics

Renewable Energy Capacity and Production (On-Grid and Off-Grid) In 2023, total global renewable energy capacity reached 3,864,522 MW, up from 1,698,295 MW in 2014, a more than twofold increase. Africa has also experienced growth, with a capacity of 62,066 MW in 2023, up from 32,511 MW in 2014. Countries like Angola, Ethiopia, and South Africa have led this surge, each achieving notable renewable capacity expansions. Angola, for example, expanded from 1,020 MW in 2014 to…