The Power Ministry has said that the coal based thermal power capacity plan requires Rs 6.67 lakh crore investment to meet estimated electricity demand by the year 2031-32. Generation planning studies have been carried out by Central Electricity Authority (CEA). As per the study results, the required coal & lignite based installed capacity would be 283 GW to meet the country’s demand. Currently the capacity is 217.5 GW, the ministry said in a press release.
Considering this, Government of India proposes to set up an additional minimum 80 GW coal-based capacity by 2031-32.
Considering this, Government of India proposes to set up an additional minimum 80 GW coal-based capacity by 2031-32.
The estimated capital cost for setting up of new coal based thermal capacity as considered in National Electricity Plan is Rs 8.34 Cr/ MW (at 2021-22 price level).
The release also said that the government planned to augment non-fossil fuel based installed electricity generation capacity. It said that the country committed to achieve about 50 per cent of power generation through non-fossil fuels by 2030. Currently, India has already achieved 45.5 per cent Installed Capacity from non-fossil fuel-based resources.
