India aims for 68.4% non-fossil fuel power generation by 2031-3

02 Jun 2023 CW Team

The Ministry of Power has unveiled the National Electricity Plan (NEP), projecting a significant increase in India's non-fossil fuel-based power generation capacity. According to the plan, the share of non-fossil fuel-based capacity is expected to reach 68.4% of the total installed capacity by 2031- 2032, a notable rise from the current 42.5%. This development holds significance as India pursues its net-zero targets by 2070 and aims to achieve 500 GW of renewable energy by 2030.

The NEP also predicts that the share of non-fossil-based capacity will reach 57.4% by the end of 2026-27 and further increase to 68.4% by the end of 2031-32. The plan includes a review of the last five years (2017-2022), a detailed plan for the next five years (2022-2027), and a prospective plan for the following five years (2027-2032).

According to the NEP document, the projected All India peak electricity demand for 2026-27 is 277.2 GW, with an electrical energy requirement of 1907.8 billion units (BU). For 2031-32, the projected figures are 366.4 GW of peak electricity demand and 2473.8 BU of electrical energy requirement, based on the 20th Electric Power Survey (EPS) demand projections.

The average plant load factor (PLF) or capacity utilization of the total installed coal capacity is estimated to be about 58.4% for 235.1 GW in 2026-27 and 58.7% for 259.6 GW in 2031-32. The NEP also highlights the estimated domestic coal requirement of 866.4 million tonnes (MT) for 2026-2027 and 1025.8 million tonnes for 2031-2032.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..