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Rating agency ICRA on Thursday said power demand will rise by 5.0-5.5 per cent in 2026-27 as against a tepid one per cent growth in 2025-26, supported by continued momentum in industrial and commercial activity. The country's power demand growth in 2026-27 is likely to be supported by agricultural and household sectors given the expectation of sub-par rainfall amidst a potential El Nino, along with demand from industries as well as from emerging sources like electric vehicles and data centres, ICRA said in a statement. The all-India thermal plant load factor (PLF or capacity utilisation) level fell to 65-66 per cent in 2025-26 amid demand moderation and is likely to remain around 65 per cent in 2026-27, given the healthy growth in generation expected from the renewable sources and 6-GW capacity addition likely in the thermal segment. Ankit Jain, Vice President & Co-Group Head - Corporate Ratings, ICRA, said in the statement that the thermal power sector in India is witnessing a ...
Over 24,000 megawatt of coal and lignite-based power generation capacity is at various stages of planning in the country, Parliament was informed on Monday. A total of 39,545 MW of thermal capacity (including 4,845 MW of stressed thermal power projects) is currently under various stages of construction, Union Minister Shripad Naik said in a written reply to Rajya Sabha. While contracts of 22,920 MW have been awarded and is due for construction, another 24,020 MW of coal and lignite-based candidate capacity has been identified, which is at various stages of planning in the country, the Minister of State said. He said the projected thermal (coal and lignite) capacity requirement by the year 2034-35 is estimated at approximately 3,07,000 MW as against the 2,11,855 MW installed capacity as on March 31, 2023. To meet this requirement, the Ministry of Power has envisaged to set up an additional minimum 97,000 MW coal- and lignite-based thermal capacity, Naik said. The minister also said
The power ministry has planned to develop an additional 97 GW coal and lignite-based electricity generation capacity to achieve the required 307 GW of thermal installed capacity by 2034-35, Parliament was informed on Thursday. This assumes significance in view of India's ambitious target of 500 GW of renewable energy capacity by 2030 and net zero target by 2070. In a written reply to Lok Sabha, Minister of State for Power Shripad Yesso Naik said, "The projected thermal (coal and lignite) capacity requirement by the year 2034-35 is estimated at approximately 3,07,000 MW as against the 2,11,855 MW installed capacity as on March 31, 2023." The minister informed the House that to meet this requirement, the Ministry of Power has envisaged setting up an additional minimum of 97,000 MW of coal and lignite-based thermal capacity. The installed electricity generation capacity in the country is 485 GW as on June 2025. As per the National Electricity Plan (Generation) published in May 2023,
Nearly half of India's installed power generation capacity of a total of 476 GW is non-fossil fuel-based as of June, but coal-based thermal electricity plays a critical part, according to government data. According to a government explainer on energy and environment issued on Sunday, India's total installed power capacity has reached 476 GW as of June 2025. Non-fossil fuel sources now contribute 235.7 GW (49%) of total capacity, including 226.9 GW renewable and 8.8 GW nuclear, it stated. As of June 2025, India's renewable energy includes 110.9 GW of solar and 51.3 GW of wind power installed capacity. In addition to the installed capacity, 176.70 GW worth of RE projects are under implementation, with 72.06 GW under bidding stages. It explained that thermal power remains dominant, accounting for 240 GW or 50.52 per cent of installed capacity. It noted that India's energy sector is heavily reliant on non-renewable thermal sources, which together account for the largest share of the