India's power generation and transmission sectors are projected to grow 2.2 times, reaching $280 billion by FY30, driven by 7% annual power consumption growth.
India's power generation and transmission sectors are projected to grow 2.2 times, reaching $280 billion by FY30, driven by over 7% annual power consumption growth. To prevent shortages, total generation capacity must increase from 442 GW in FY24 to 673 GW by FY30. The emphasis will be on thermal power, with annual additions rising to 17 GW, and a significant boost in renewable energy capacity. The power transmission sector will also expand, with a seven-fold increase in the bid pipeline.
September 08, 2024
9 Articles