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 Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..