+
India's power demand projected at 708 GW by 2047; 2,100 GW capacity planned
POWER & RENEWABLE ENERGY

India's power demand projected at 708 GW by 2047; 2,100 GW capacity planned

India's power demand is projected to rise to 708 gigawatts by 2047, which will require a fourfold increase in the current capacity to 2,100 gigawatts, according to Union Power Minister Manohar Lal during the Brainstorming Session on the Indian Power Sector Scenario 2047 held in New Delhi. The minister explained that meeting this demand entails a complete transformation of the energy landscape.

The two-day conclave, organized by the Central Electricity Authority (CEA) in partnership with FICCI, CBIP, and other stakeholders, aimed to outline India’s strategy to address its growing energy needs while transitioning to cleaner energy sources. The minister emphasized that this initiative goes beyond merely increasing capacity and involves reimagining the entire energy landscape.

A significant aspect of the government’s strategy is its focus on renewable energy. The minister mentioned that an ambitious target has been set for 500 GW of non-fossil energy capacity by 2030, effectively doubling the current capacity. This goal aligns with India's commitment to reducing carbon emissions by one billion tonnes by 2030 and achieving net-zero emissions by 2070.

During the event, the CEA introduced the National Electricity Plan, which details the necessary transmission infrastructure to support 500 gigawatts of renewable energy by 2030, increasing to over 600 gigawatts by 2032. This plan involves considerable investment in advanced technologies, including the integration of 10 gigawatts of offshore wind farms, 47 gigawatts of battery energy storage, and 30 gigawatts of pumped storage plants. The minister also highlighted the government's efforts to secure ?9 lakh crore in investments for the transmission sector.

Minister of State for Power, Shripad Yesso Naik, stressed the importance of future planning. He indicated that significant investments would be required in renewable technologies, energy storage solutions, and grid modernization. Naik called for a swift transition toward a diverse and cleaner energy mix to meet sustainability targets.

Pankaj Agarwal, Secretary of the Ministry of Power, underscored India’s crucial role in the global clean energy movement. He noted that G20 members have committed to tripling renewable energy capacity and doubling the rate of improvement in energy efficiency. Agarwal added that the vision of One Sun, One World, One Grid will be central to India’s strategy moving forward.

India's power demand is projected to rise to 708 gigawatts by 2047, which will require a fourfold increase in the current capacity to 2,100 gigawatts, according to Union Power Minister Manohar Lal during the Brainstorming Session on the Indian Power Sector Scenario 2047 held in New Delhi. The minister explained that meeting this demand entails a complete transformation of the energy landscape. The two-day conclave, organized by the Central Electricity Authority (CEA) in partnership with FICCI, CBIP, and other stakeholders, aimed to outline India’s strategy to address its growing energy needs while transitioning to cleaner energy sources. The minister emphasized that this initiative goes beyond merely increasing capacity and involves reimagining the entire energy landscape. A significant aspect of the government’s strategy is its focus on renewable energy. The minister mentioned that an ambitious target has been set for 500 GW of non-fossil energy capacity by 2030, effectively doubling the current capacity. This goal aligns with India's commitment to reducing carbon emissions by one billion tonnes by 2030 and achieving net-zero emissions by 2070. During the event, the CEA introduced the National Electricity Plan, which details the necessary transmission infrastructure to support 500 gigawatts of renewable energy by 2030, increasing to over 600 gigawatts by 2032. This plan involves considerable investment in advanced technologies, including the integration of 10 gigawatts of offshore wind farms, 47 gigawatts of battery energy storage, and 30 gigawatts of pumped storage plants. The minister also highlighted the government's efforts to secure ?9 lakh crore in investments for the transmission sector. Minister of State for Power, Shripad Yesso Naik, stressed the importance of future planning. He indicated that significant investments would be required in renewable technologies, energy storage solutions, and grid modernization. Naik called for a swift transition toward a diverse and cleaner energy mix to meet sustainability targets. Pankaj Agarwal, Secretary of the Ministry of Power, underscored India’s crucial role in the global clean energy movement. He noted that G20 members have committed to tripling renewable energy capacity and doubling the rate of improvement in energy efficiency. Agarwal added that the vision of One Sun, One World, One Grid will be central to India’s strategy moving forward.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code