Business Standard

India Power Corporation

India to have 777 GW power generation capacity to meet peak demand by 2030

India is likely to have 777 GW power generation capacity, including 500 GW clean sources and about 277 GW fossil fuel-based, to meet the projected peak demand of about 335 GW by 2030, Parliament was informed on Wednesday. "Accordingly, the percentage of clean sources of energy in the total installed capacity is likely to be 64.4 per cent by 2029-30," Minister of State for New & Renewable Energy Shripad Yesso Naik said in a written reply to Lok Sabha on Wednesday. The minister said that to meet the projected peak demand of 334.8 GW and energy requirement of 2,279.7 billion units of the country, as per the National Electricity Plan. He added that the installed capacity for the year 2029-30 is likely to be 7,77,144 MW comprising of fossil-based capacity of 2,76,507 MW and non-fossil-based capacity of 5,00,637 MW along with a battery energy storage capacity of 41,650 MW/208,250 MWh. The coal-based capacity will be 2,51,683 MW and the gas-based capacity will be 24,824 MW, the minister .

India to have 777 GW power generation capacity to meet peak demand by 2030
Updated On : 27 Nov 2024 | 5:31 PM IST

Distressed discoms, high demand: What is ailing India's power sector?

Indian states and union territories (UTs) owe over Rs 1 trillion to the gencos and Rs 62,931 crore to the discoms

Distressed discoms, high demand: What is ailing India's power sector?
Updated On : 28 Jul 2022 | 2:13 AM IST

Tata Power, India Power Corporation submit bids for three discoms in Odisha

The bids were called earlier this year for Western, Southern and Northern Electricity Supply Companies, namely WESCO, SOUTHCO and NESCO.

Tata Power, India Power Corporation submit bids for three discoms in Odisha
Updated On : 18 Sep 2020 | 12:27 AM IST

India Power Corp to lift generation capacity

Currently, IPC's generation capacity stands at 1,650 Mw

India Power Corp to lift generation capacity
Updated On : 30 May 2017 | 3:42 AM IST

India Power Corporation eyes further acquisitions to step up generation business

The company wants to acquire 3-4 stressed thermal plants in the near future

India Power Corporation eyes further acquisitions to step up generation business
Updated On : 19 Mar 2016 | 10:21 PM IST

India Power Corporation to acquire Meenakshi Energy's 89% net worth

IPC will be buying the 89% stake held by France-based Engie

India Power Corporation to acquire Meenakshi Energy's 89% net worth
Updated On : 25 Feb 2016 | 3:40 PM IST