India is aiming to become a major energy hub by targeting 2,100 gigawatts (GW) of energy capacity by 2047 to meet its projected demand of 708 GW. To achieve this, the Central Electricity Authority (CEA) has introduced a National Electricity Plan, which outlines the transmission infrastructure required to support 500 GW of renewable energy by 2030, increasing to over 600 GW by 2032.
The plan also includes elements like 10 GW of offshore wind, 47 GW of battery storage, and 30 GW of pumped storage. It emphasizes the development of green hydrogen and ammonia production hubs, along with cross-border energy connections.
India plans to invest over ₹9 lakh crore in adding 190,000 circuit kilometers of transmission lines and 1,270 gigavolt-amperes (GVA) of transformation capacity in the next decade. Union Minister Manohar Lal noted that the focus will be on pump storage and battery storage to integrate renewable energy into the grid.
Minister Shripad Yesso Naik stressed the importance of significant investments in renewable energy, storage, and modernizing the grid, while Pankaj Agarwal, Secretary of the Ministry of Power, called for more flexible power purchase agreements to lower consumer costs.
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