The year 2023-24 saw a capacity addition of 25,367 MW, higher than the 16,854 MW in 2022-23. In 2023-24, renewable capacity addition stood at 18,485 MW, thermal at 5,404 MW, nuclear at 1,400 MW and hydro at 78 MW.
Power generation recorded a CAGR of 6.1 per cent to reach 1,734 BUs in 2023-24 from 962 BUs in 2013-14. Thermal generation accounted for 79 per cent of the total in 2023-24, while renewables accounted for 21 per cent.
In recent years, energy management has been a key focus area of Indian Railways (IR). It has undertaken a number of initiatives to curtail fuel costs. Energy costs (comprising diesel and electricity costs) roughly account […]
The Indian power sector has witnessed significant growth and diversification, with a focus on increasing capacity from renewable sources while maintaining a balance with conventional energy sources such as coal and lignite. The country’s peak […]
India imports nearly 85 per cent of its crude oil and 50 per cent of its natural gas requirements. With a fast growing economy and rampant urbanisation, the country’s energy requirements are bound to increase. […]
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