India's Power Evolution and Green Energy Revolution
Key Ideas
- India has significantly increased its power generation capacity by 79.5% in the last decade, transforming from power deficit to power sufficient.
- The country has added over 2,14,237 MW of generation capacity and 1,95,181 ckt kilometre of transmission lines, enhancing the power infrastructure.
- Initiatives such as the National Green Hydrogen Mission aim to make India a global hub for green hydrogen production and utilization.
- Government schemes like PM-KUSUM and Green Energy Corridor Scheme are fostering the growth of renewable energy in India.
India has made remarkable progress in its power sector over the last ten years, significantly reducing power shortages and increasing overall energy supply. With the addition of 2,14,237 MW of generation capacity and 1,95,181 ckt kilometre of transmission lines, the country has strengthened its power infrastructure, ensuring better connectivity and transfer of electricity. Various government initiatives, including schemes like Pradhan Mantri KisanUrja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) and the Green Energy Corridor Scheme, are driving the expansion of renewable energy sources like solar and wind power.
The government's focus on green energy is evident through policies like permitting 100% FDI in the renewable energy sector, promoting Renewable Purchase Obligation (RPO), and launching the National Green Hydrogen Mission. These steps aim to boost green energy production and establish India as a leading producer and exporter of green hydrogen.
The power supply in rural areas has seen a significant improvement, with availability increasing from 12.5 hours in 2015 to 21.9 hours in 2024. Urban areas also experience better power availability, reaching 23.4 hours in 2024. India's transition towards renewable energy is reflected in the installed capacity figures, with non-conventional sources accounting for 33.19% of the total capacity, including solar, wind, and bio-power.
The partnership between public and private entities in the renewable energy sector is evident from the list of major renewable energy developers in the country. Companies like NTPC, Adani Energy, Tata Power, and various others are contributing to the growth of green energy projects. Overall, India's journey from power deficit to power sufficiency and its focus on green energy initiatives mark a significant evolution in the country's energy landscape.
Topics
India
Renewable Energy
Power Generation
Government Initiatives
Energy Supply
Public-private Partnership
Electricity Infrastructure
Latest News