𝗜𝗻𝗱𝗶𝗮 𝗣𝗼𝘄𝗲𝗿 𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻 𝗖𝗮𝗽𝗮𝗰𝗶𝘁𝘆 𝗘𝘅𝗰𝗲𝗲𝗱𝘀 𝟱𝟯𝟬 𝗚𝗪
India reached over 530 GW of installed power generation capacity. The country expects to reach nearly 600 GW next year.
Key facts from the Ministry of Power:
- Annual growth in the electricity sector stays between 7% and 8%.
- Renewable energy additions reach 30-40 GW every year.
- Thermal power capacity will increase by 97 GW over five years.
- The government plans to build 100 GW of nuclear power capacity within five to ten years.
- Recent peak power demand reached a record 270 GW.
- The government supports over 44 GW of battery storage capacity through funding.
- NTPC has over 5 GW of battery projects in development.
- A 20,000 crore rupee support package exists for Carbon Capture, Utilisation and Storage technologies.
- This funding will cover research, storage infrastructure, and carbon utilisation projects.
- Power distribution companies reported positive financial outcomes for the first time.
- Smart meter deployment continues for government buildings and households.
Source: The Times of India