India’s energy generation up nearly 85% in November 2024

Renewables recorded a major expansion.

The installed power generation capacity of India has jumped 83.8% to 457 gigawatts (GW) as of end November 2024 from 249 GW as of end March 2014.

According to the Ministry of Power, there was also a major increase in India's renewable energy capacity. Since April 2014, around 129 GW has been added, which includes 91 GW of solar power, 27 GW of wind power, 3.2 GW of biomass, 1.3 GW of small hydro, and approximately 6.3 GW of large hydro generation capacity.

The government has also awarded 19.2 GW of new coal-based thermal capacity. The total installed capacity of coal and lignite-based thermal plants so far stands at 217.5 GW.  

Around 29.2 GW are still under construction, with 13.4 GW to be commissioned in fiscal year (FY) 2024-2025.  Meanwhile, 36.3 GW are in various stages of planning, clearances and bidding.

In terms of pump storage projects, India has a potential of about 181 GW with around 5 GW developed so far.  The government eyes adding 35 GW by FY 2031-2032 out of which, 6 GW is under construction and the rest is under development.  

India is also targeting to add 13,000 megawatt-hours of battery energy storage system capacity under the viability gap funding scheme.