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India is constructing 132 GW of power generation capacity, aiming to add 517 GW by FY2031-32, Power Minister R.K. Singh said.
In written comments to the lower house of parliament, Singh highlighted the need for round-the-clock electricity availability to support India's economic growth, noting limitations of renewable sources which are intermittent.
"Energy security cannot be achieved through renewables alone as solar power is not available round the clock and wind energy is intermittent," he said.
India's peak power demand hit a record 243 GW in the current fiscal year ending March 2024, up from 135 GW in FY2013-14, according to the minister.
The 20th Electric Power Survey forecasts demand will reach 366.4 GW by 2031-32, underscoring the need to ramp up capacity.
The National Electricity Plan projects a requirement for over 900 GW of installed capacity by 2031-32, including both fossil and non-fossil sources as well as battery storage.
The Central Electricity Authority (CEA) has planned an increase in coal-fired capacity to 283 GW by FY2031-32 from the current 214 GW, Singh said. This includes 27.18 GW under construction and more in the pipeline.
The CEA has also identified 148 coal plants for renovation, modernization and life extensions. Thermal utilities have been advised not to retire or repurpose before 2030.
(Writing by Alex Guo Editing by Harry Huo)
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