India's Power Sector Transformation: Capacity Expansion and Future Planning
India's present installed power generation capacity stands at 524 gigawatts (GW), with a significant addition of 299.87 GW since 2014. The country's peak power demand reached a historic high of 250 GW in the 2024-25 financial year, successfully met without notable deficits. To address future demands, the government plans to achieve an installed capacity of 874 GW by 2031-32 and is undertaking substantial projects across thermal, hydroelectric, nuclear, and renewable sectors. Energy storage systems are also being expanded to meet energy demands.
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