India to add 337,900 MW power generation capacity by 2032; MoS Power
POWER & RENEWABLE ENERGY

India to add 337,900 MW power generation capacity by 2032; MoS Power

India is projected to add approximately 337,900 megawatts (MW) of power generation capacity by 2032, according to Union Minister of State for Power Shripad Naik. This announcement was made in response to a query in the Rajya Sabha. Naik reported that the total generation capacity increased by 79.5% over the past decade, rising from 248,554 MW in March 2014 to 446,190 MW in June 2024. Of the anticipated capacity addition: - 80,000 MW will come from thermal power - 25,010 MW from hydropower - 14,300 MW from nuclear power - 50,760 MW from pump storage plants (PSP) Additionally, 510 MW of small hydro capacity, 143,980 MW of solar power, and 23,340 MW of wind power are expected to be added by 2032. (Business Standard)

India is projected to add approximately 337,900 megawatts (MW) of power generation capacity by 2032, according to Union Minister of State for Power Shripad Naik. This announcement was made in response to a query in the Rajya Sabha. Naik reported that the total generation capacity increased by 79.5% over the past decade, rising from 248,554 MW in March 2014 to 446,190 MW in June 2024. Of the anticipated capacity addition: - 80,000 MW will come from thermal power - 25,010 MW from hydropower - 14,300 MW from nuclear power - 50,760 MW from pump storage plants (PSP) Additionally, 510 MW of small hydro capacity, 143,980 MW of solar power, and 23,340 MW of wind power are expected to be added by 2032. (Business Standard)

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement