India’s peak power demand is going to increase at an average of about 15 GW per year for the next six years whereas it grew at about 11 GW over the last decade, said Additional Secretary (Power) Srikant Nagulapalli.
While speaking at an industry conclave organised by IEEMA, the official said, “By 2030, about 85 GW of additional demand will be added during the solar hours whereas during the non-solar hours, 90 GW would be added. Further, the government intends to rely on storage capacities for approximately 40 GW by 2030 be it pumped storage or battery energy storage to supply our non-solar peak.”
He added, to tackle this growth in power demand substantial expansion of coal capacity is being done along with it solar, wind, storage and transmission capacity is being undertaken.
“The Ministry of Power has set itself a target of 500 GW capacity from non-fossil fuels by 2030 as of now we have already crossed 200 GW and an additional 300 GW has to be achieved in the next six years. Out of this 225 GW would be coming from solar and wind,” the ministry official said.
He added that on the demand side, the waiver of Inter-State Transmission System( ISTS) charges and also the renewable purchase obligation have given a huge boost to the RE penetration, and capacity addition and a detailed transmission plan is being implemented for integrating 500 GW of Solar and Wind into our grid.
