India will want further coal-based capacity of upto 28 GW by FY32 moreover the 25GW already below development, the draft national electricity plan mentioned. However, the capacity addition is predicted to be on the present venture websites as brownfield growth, ideally nearer to the mines, the report indicated.
The all India peak electricity demand and electrical vitality requirement is 272 GW and 1,874 billion items (BU) for the 12 months 2026-27 and 363 GW and a pair of,538 BU for the 12 months 2031-32, respectively as per the preliminary estimates of Demand projections, the report confirmed.
The projections are greater than 256-GW peak demand projected for 2027 and 320 GW for 2032 by the federal government three years in the past. Increased base load capacity has gained significance to help the nation’s bold renewable vitality goal of 500 GW by 2030. Renewable vitality era is intermittent.
The draft can also be a stark reversal from a final 12 months inner examine by the Central Electricity Authority (CEA), the planning wing of the Union energy ministry, that instructed new coal-based capacities are unlikely on this decade and vitality storage is more likely to be the brand new supporting load. “From situation evaluation, it’s seen that other than below development coal based mostly capacity of 25 GW, the extra coal based mostly capacity required until 2031-32 might range from 17GW to round 28 GW,” the report mentioned.
The draft comes amid UK’s final week announcement to cap shopper energy payments in a $115-billion package deal that additionally lists issuance of recent oil and fuel exploration licences within the North Sea, moreover scrapping ban on fracking if locals agree. Most European international locations, the US and China have elevated their coal-based era as Russia regulated fuel provides.
Union Cabinet final month accredited India’s up to date Nationally Determined Contribution (NDC) commitments – internet zero by 2070, 50% cumulative electrical energy put in capacity from non-fossil fuel-based vitality assets by 2030 and decreasing the emissions depth of GDP by 45% by 2030 from the 2005 stage. The absolute goal of 500 GW has been faraway from the commitments.
The draft CEA report rojected the share of non-fossil based mostly capacity to rise to 57.5% by 2026-27 finish and to 68.4% by 2031-32 finish from round 40% as on March 2022. A capacity addition of 228,541 MW comprising of 40,632 MW (*28*) (Coal-33262 MW, Nuclear-7,000MW, Gas-370MW) and 187,909 MW of Renewable is required throughout 2022-27 to fulfill the height electricity demand and vitality requirement for the 12 months 2026-27.
Source: PTI
