India must add 225 GW of renewable energy to meet 2031 goals
POWER & RENEWABLE ENERGY

India must add 225 GW of renewable energy to meet 2031 goals

India needs to add 224.9 GW of renewable energy generation capacity by 2032 to meet the peak demand and energy requirement for the financial year 2031-32, according to the draft National Electricity Plan published by Central Electricity Authority (CEA).

Stakeholders have been asked to submit their comments and suggestions by December 5, 2022.

India has achieved a cumulative installed renewable energy capacity (including large hydro) of 159.81 GW. The projected all-India electrical energy requirement and peak electricity demand are estimated as 1,874 billion units (BU) and 272 GW for the year 2026-27 and 2,538 BU and 363 GW for 2031-32.

The capacity addition required during 2022-27 to meet the peak demand and energy requirement for 2026-27 is 228.54 GW, comprising 40.63 GW of conventional capacity and 187.9 GW of renewable capacity, including large hydro (10.95 GW), solar (132.08 GW), wind (40.5 GW), biomass (2.31 GW), and pumped storage projects (2.7 GW). This estimate excludes 5.85 GW of likely hydro-based imports.

The draft states that the estimated renewable energy installed capacity will likely be 344.51 GW by 2026-27 and 569.42 GW by 2031-32.

Based on the projections of capacity addition targets from renewable sources by 2026-27 and considering a renewable capacity addition of 224.9 GW between 2027 and 2032, expected electricity generation from various renewable sources has been estimated at 667.2 BU by 2026-27 and 1144.4 BU by 2031-32. The contribution of renewables will be around 35.6% of the country’s total energy in 2026-27 and 45.09% by 2031-32.

See also:
KPI acquires 4.20 MW wind-solar hybrid power project
SECI to set up energy storage systems; invites R&D proposals


India needs to add 224.9 GW of renewable energy generation capacity by 2032 to meet the peak demand and energy requirement for the financial year 2031-32, according to the draft National Electricity Plan published by Central Electricity Authority (CEA). Stakeholders have been asked to submit their comments and suggestions by December 5, 2022. India has achieved a cumulative installed renewable energy capacity (including large hydro) of 159.81 GW. The projected all-India electrical energy requirement and peak electricity demand are estimated as 1,874 billion units (BU) and 272 GW for the year 2026-27 and 2,538 BU and 363 GW for 2031-32. The capacity addition required during 2022-27 to meet the peak demand and energy requirement for 2026-27 is 228.54 GW, comprising 40.63 GW of conventional capacity and 187.9 GW of renewable capacity, including large hydro (10.95 GW), solar (132.08 GW), wind (40.5 GW), biomass (2.31 GW), and pumped storage projects (2.7 GW). This estimate excludes 5.85 GW of likely hydro-based imports. The draft states that the estimated renewable energy installed capacity will likely be 344.51 GW by 2026-27 and 569.42 GW by 2031-32. Based on the projections of capacity addition targets from renewable sources by 2026-27 and considering a renewable capacity addition of 224.9 GW between 2027 and 2032, expected electricity generation from various renewable sources has been estimated at 667.2 BU by 2026-27 and 1144.4 BU by 2031-32. The contribution of renewables will be around 35.6% of the country’s total energy in 2026-27 and 45.09% by 2031-32. See also: KPI acquires 4.20 MW wind-solar hybrid power projectSECI to set up energy storage systems; invites R&D proposals

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement