India to Boost Thermal Power Capacity

---

Researched by Industrial Info Resources (Sugar Land, Texas)--India plans to significantly bolster its thermal power capacity by adding 80 gigawatts (GW) by 2032 in response to surging electricity demand, as highlighted in a recent Information and Credit Rating Agency of India Limited webinar. This strategic move comes amid expectations of a 6% rise in electricity demand in fiscal-year 2025, following an 11% increase in the first quarter, driven by robust economic activity.

The plant load factor (PLF) for thermal power is projected to remain stable at 70% in 2025, supported by demand growth and limited new thermal capacity additions. Meanwhile, renewable energy contributions are also on the rise, with more than 30 GW expected to come online in fiscal-year 2025, pushing India's total power generation capacity to 470 GW. Coal stock levels are satisfactory due to improved domestic supply and increased imports, which are projected to make up 7% of thermal utilities' coal consumption in 2025, ensuring a steady fuel supply for the expanding infrastructure.

Industrial info is tracking 276 fossil fuel power projects worth US$128.7 billion in India. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the related project reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).