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India’s Power Shortage Reduced To Less Than 1% admin January 23, 2024

India’s Power Shortage Reduced To Less Than 1%

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India's Power Shortage Reduced To Less Than 1%

Union Minister for Power and New & Renewable Energy, R. K. Singh, revealed that India has made substantial strides in reducing its power shortage, decreasing it from around 4.5% in 2014 to less than 1%.
India is well on its way to surpass its initial target, aiming to achieve 65% of its power capacity from non-fossil-fuel sources by 2030, a notable increase from the original goal of 40%.

It is the largest and fastest growth in the history of the power sector including the addition of 194 GW in capacity, with renewables contributing 107 GW.  

The total investment in the past nine years is around 17 lakh crores, with an additional 17.5 lakh crores in capacity under construction.
Notably, the minister stressed that uninterrupted power supply is now a right, and penalties are imposed on distribution companies for unwarranted load shedding.
With plans to surpass 500 GW of renewable capacity by 2030 and significant advancements in green hydrogen manufacturing, India signals a robust commitment to a sustainable and resilient energy future.


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