While India may have internationally committed to half its installed electricity being sourced from renewable sources by 2030, an estimate of the country’s projected power needs by the Central Electricity Authority (CEA) on Wednesday suggests that this target may be achieved early, by 2026-27.
The National Electricity Plan (NEP) prepared by the CEA is a five-year plan that assesses India’s current electricity needs, projected growth, power sources, and challenges. The voluminous document notes that “…the share of non-fossil based capacity is likely to increase to 57.4% by the end of 2026-27 and may likely to further increase to 68.4% by the end of 2031-32 from around 42.5% as on April 2023.”
