India becomes power surplus nation with electricity capacity of over four lakh Mega Watt (2024)

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Last Updated:Sep 13, 2022
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India becomes power surplus nation with electricity capacity of over four lakh Mega Watt (12) REPRESENTATIONAL IMAGE

The government has said that India has turned into a power surplus nation with a total installed electricity capacity of over four lakh Mega Watt.

Keeping in mind the sustainable development goals, India's power generation mix is rapidly shifting towards a more significant share of renewable energy.

Today, India is the world's third largest producer of renewable energy, with 40 per centof its installed electricity capacity coming from non-fossil fuel sources.

Power Generation from Renewable Energy Sources has increased from 51 thousand 226 Gigawatt hours to one lakh 38 thousand 337 Gigawatt hours in 2020.

Solar energy-based applications have benefited millions of Indians by meeting their cooking, lighting, and other energy needs in an environment-friendly manner.

Having achieved large-scale success in solar energy solutions, India has spearheaded the International Solar Alliance, ISA which is an action-oriented, member-driven, collaborative platform for increased deployment of solar energy technologies.

The membership of the ISA is open to all member-states of the United Nations, and 107 countries are signatories to the ISA Framework Agreement at present. The Alliance aims to efficiently utilise solar energy to reduce fossil fuel dependence, thereby creating a greener planet.

The government added that India has always shown its willingness in leadership to fight climate change. The country’s vision is to achieve Net Zero Emissions by 2070, in addition to attaining the short-term targets including increasing renewables capacity to 500 Giga Watt by 2030 and meeting 50 per centof energy requirements from renewables.


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India becomes power surplus nation with electricity capacity of over four lakh Mega Watt (2024)

FAQs

India becomes power surplus nation with electricity capacity of over four lakh Mega Watt? ›

India is now a power surplus nation with a total installed energy capacity of roughly 4 lakh MegaWatt. With a focus on sustainable development, India's power ancestors sector is quickly increasing its share of sustainable energy. The third-largest producer of sustainable energy worldwide is India.

What is the power generation surplus of India? ›

In a written reply, the minister outlined that the nation has transitioned from a power deficit to a surplus, adding 97,501.2 MW in conventional power and 96,282.9 MW in renewable energy over the past decade. As of October 2023, India's generation capacity stands at 425,536 MW, up from 248,554 MW in March 2014.

Does India have the largest electricity generation capacity in the world? ›

The Indian national electric grid has an installed capacity of 442.0 GW as of 31 March 2024. Renewable energy plants, which also include large hydroelectric power plants, constitute 43% of the total installed capacity.

What is the capacity of India to produce electricity? ›

The present installed capacity of power generation is around 4,26,132 MW. Out of total generation capacity of 9,943 MW added in the current year 2023-24, 1,674 MW is from fossil fuel sources and 8,269 is from non-fossil fuel sources. During the year, 7,569 MW of Renewable Capacity (Incl.

Is India in energy deficit or surplus? ›

India's power sector underwent a transformation phase to become "surplus" from a deficit in the last nine years, Union Minister R K Singh said on Thursday. India's power sector underwent a transformation phase to become "surplus" from a deficit in the last nine years, Union Minister R K Singh said on Thursday.

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