The government aims to add 80 GW of thermal power capacity by 2030 to meet growing electricity demand while working to triple renewable energy capacity to 500 GW in the same timeframe.
The Energy Minister said on Thursday that even after the country adds 80 GW of thermal power capacity by 2030, the share of coal power in total installed capacity will return to 23% from 68 % in 2014. an interview. on the final agreement adopted at the recently concluded COP28 summit.
“Conversions are made according to national circumstances. Our per capita consumption is the lowest in the world. What needs to be reduced is emissions,” Singh said, adding that it is the developed countries that emit more carbon and they do not want to deal with this problem. The government aims to add 80 GW of thermal power capacity by 2030 to meet growing electricity demand while working to triple renewable energy capacity to 500 GW in the same timeframe.
“This will be one of the biggest cuts in terms of capacity ratio,” Singh said.
Additionally, to increase renewable energy capacity and “phase out fossil fuels,” the government plans to launch another auction to facilitate the purchase of 4,000 MW of gas-fired power. It also plans to improve hydroelectric generation.
“I already have 18 GW of hydropower capacity under construction and we need to start building another 24,000 MW of hydropower,” Singh said. “I will add 42,000 MW of hydropower capacity by 2030”
Speaking about the country’s transmission line network, Singh said the country is not lagging behind, but the rate of growth in renewable energy capacity is much faster than the construction of transmission lines.
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