Power demand in the country will grow at a higher rate of 15GW per annum for next six years compared to 11GW per annum in last one decade, a senior government official said on Friday.
By 2030, about 85 GW of additional demand will be added during the solar hours and during the non solar hours more than 90 GW will be added to the peak demand, said Additional Secretary Power Srikant Nagulapalli at an Industry Conclave organised by IEEMA.
"... The CAGR may not reflect these numbers truly, but if you see the absolute numbers it's a big jump and to meet this growth, substantial expansion of our coal capacity and along with solar, wind, storage and also transmission capacity is being undertaken," Nagulapalli added.
Nagulapalli noted that "India's peak demand grew at an average of 11GW for the last 10 years and going forward for the next 6 years, we expect that the demand is going to grow at an average of 15 GW per year."
He further stated that approx 40 GW will be through storage. "By 20
