FCC

India Unveils National Electricity Plan

2024-10-16

India has launched its National Electricity Plan (Transmission), aiming to achieve 500 GW of renewable energy capacity by 2030 and over 600 GW by 2032. The plan, prepared by the Central Electricity Authority (CEA), provides a detailed roadmap for expanding the country’s transmission network to integrate large-scale renewable energy as power demand is projected to reach 388 GW by 2031-32.

Key features include the addition of over 1,91,000 circuit kilometers of transmission lines and 1,270 GVA of transformation capacity. Energy storage will play a crucial role, with 47 GW of battery storage and 31 GW of pumped storage planned to manage renewable energy’s intermittency.

The plan also supports power delivery to green hydrogen and industrial hubs along India's coast and boosts inter-regional transmission capacity to 168 GW by 2032. Investment opportunities worth ?9.15 lakh crore by 2032 are expected to drive growth, with cutting-edge technologies enhancing grid efficiency.

India's strategy positions the country as a leader in clean energy, with cross-border interconnections and an eye toward regional energy cooperation.