India targets 777 GW power capacity by 2030 with focus on thermal and hydro
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.
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.
Hydroelectric projects totalling 13,997.5 MW and pumped storage projects (PSPs) of 6,050 MW are under construction.
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.