India is likely to outpace the United States in adding new wind and solar capacity this year, putting the country on track to meet its 2030 target of 500 GW of non-fossil power, according to Bloomberg Opinion, cited by the Economic Times. In the first half of 2025, India connected 22 GW of new solar and wind capacity. If this pace continues, it will exceed the 40 GW total expected from the US this year….
In India’s power sector, discussions often spotlight generation, such as renewables, hydro, thermal, or nuclear, but the transmission system, the backbone that delivers electricity, rarely gets its due. General Network Access (GNA), introduced by the Central Electricity Regulatory Commission (CERC), simplifies access to shared transmission lines for power producers. In a recent Power Peak Digest podcast on the Electricity Market in India YouTube channel, host Shivani Singh discussed GNA’s role in renewable energy integration…
The Union government approved coal allocation for Madhya Pradesh on 28 November 2024 to establish thermal power plants with a combined capacity of 4,100 MW. This was the first approval for coal allocation in five years, with the last granted in 2019 for plants totaling 1,360 MW. The new power plants are expected to attract investments of Rs 250 billion and create significant direct and indirect employment opportunities, according to Neeraj Mandloi, Additional Chief Secretary…
Nomura has projected robust growth for India’s power sector, forecasting a compound annual growth rate (CAGR) of over 7% in electricity demand from FY24 to FY27. This surge is fueled by rising economic activity, increased electrification, and demand growth in emerging sectors such as data centres, electric vehicle (EV) charging, and green hydrogen production. Changing weather patterns, which have contributed to recent supply shortages, are also anticipated to drive demand. Electricity consumption is expected to…
As India aims to double its power capacity to 900 GW by 2030, a report by Aequitas Investments highlights concerns about potential overinvestment, cautioning against repeating past industry missteps. The report points to aggressive bidding without firm power purchase agreements (PPAs) and a reliance on costly imported coal, warning that these practices could lead to financial instability reminiscent of the 2008 sector downturn. The analysis reveals that private sector expansions since FY 2010 have faced…