Andhra, TN & Gujarat to lead India's energy transition by 2030
POWER & RENEWABLE ENERGY

Andhra, TN & Gujarat to lead India's energy transition by 2030

India is set to make a significant leap in its energy transition by 2030, with plans to implement 40GW of battery storage and 90GW of pump storage capacity, focusing on key states like Andhra Pradesh, Tamil Nadu, and Gujarat. Srikant Nagulapalli, Additional Secretary of the Ministry of Power, announced these ambitious plans at the IEEMA Industry Conclave 2024 in Delhi.

The inaugural event, organised by the Indian Electrical and Electronics Manufacturers' Association (IEEMA) and themed "Moving Towards an All-Electric Future ? Partnering India?s Energy Transition," brought together industry leaders and government officials to discuss the future of India's energy sector. The country currently has an installed power capacity exceeding 440GW, with plans to add another 350GW by 2030, reflecting India's rapid progress in power generation.

Nagulapalli emphasised India's commitment to sourcing 50% of its power capacity from non-fossil fuels by 2030, with a target of achieving 500GW from non-fossil sources, including 225GW from solar and wind. He highlighted the pivotal role that states like Andhra Pradesh, Tamil Nadu, and Gujarat will play in this green energy push, particularly in advancing green hydrogen initiatives.

Other industry leaders also highlighted the need for robust infrastructure and innovation to support India's ambitious energy goals. Hamza Arsiwala, President, IEEMA, noted that India is now the third-largest producer and consumer of electricity globally, underscoring the country's rapid economic growth. Pratik Agarwal, Managing Director, Sterlite Power, described the ongoing changes in the energy sector as an "Energy Revolution" and emphasised the importance of a strong power grid in facilitating this transformation.

Deepak Sharma, MD & CEO, Schneider Electric, stressed the need for balancing growth with environmental sustainability, highlighting the crucial role of energy efficiency in India's development from 'Vikas' to 'Viksit'. The event also addressed challenges in local manufacturing, with Kamran Rizvi, Secretary of the Ministry of Heavy Industries, emphasising the need for technological advancement to reduce import dependency.

The IEEMA Industry Conclave 2024 underscored the collective efforts needed to drive a sustainable power system in India, with Andhra Pradesh, Tamil Nadu, and Gujarat at the forefront of this green energy surge.

(ET)

India is set to make a significant leap in its energy transition by 2030, with plans to implement 40GW of battery storage and 90GW of pump storage capacity, focusing on key states like Andhra Pradesh, Tamil Nadu, and Gujarat. Srikant Nagulapalli, Additional Secretary of the Ministry of Power, announced these ambitious plans at the IEEMA Industry Conclave 2024 in Delhi. The inaugural event, organised by the Indian Electrical and Electronics Manufacturers' Association (IEEMA) and themed Moving Towards an All-Electric Future ? Partnering India?s Energy Transition, brought together industry leaders and government officials to discuss the future of India's energy sector. The country currently has an installed power capacity exceeding 440GW, with plans to add another 350GW by 2030, reflecting India's rapid progress in power generation. Nagulapalli emphasised India's commitment to sourcing 50% of its power capacity from non-fossil fuels by 2030, with a target of achieving 500GW from non-fossil sources, including 225GW from solar and wind. He highlighted the pivotal role that states like Andhra Pradesh, Tamil Nadu, and Gujarat will play in this green energy push, particularly in advancing green hydrogen initiatives. Other industry leaders also highlighted the need for robust infrastructure and innovation to support India's ambitious energy goals. Hamza Arsiwala, President, IEEMA, noted that India is now the third-largest producer and consumer of electricity globally, underscoring the country's rapid economic growth. Pratik Agarwal, Managing Director, Sterlite Power, described the ongoing changes in the energy sector as an Energy Revolution and emphasised the importance of a strong power grid in facilitating this transformation. Deepak Sharma, MD & CEO, Schneider Electric, stressed the need for balancing growth with environmental sustainability, highlighting the crucial role of energy efficiency in India's development from 'Vikas' to 'Viksit'. The event also addressed challenges in local manufacturing, with Kamran Rizvi, Secretary of the Ministry of Heavy Industries, emphasising the need for technological advancement to reduce import dependency. The IEEMA Industry Conclave 2024 underscored the collective efforts needed to drive a sustainable power system in India, with Andhra Pradesh, Tamil Nadu, and Gujarat at the forefront of this green energy surge. (ET)

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?