India will increase the size of its thermal power fleet, the countryโ€™s power minister said, to meet an increased demand for power.

India said it would add another 88GW of new power capacity by early 2032โ€”63% more than Indiaโ€™s plan that it published just seven months ago. And most of that will be coal-fired power, with gas-fired electricity generation unavailable to India due to the high cost of natural gas.

India will not only leave out natural gas power in its expansion plans, but it doesnโ€™t even use the gas-fired electricity plants it has now, at least not to their total capacity. According to Bloomberg, citing ministry data, Indiaโ€™s 25GW of gas-based electricity plants operated at 15% capacity so far this fiscal year.

Clean energy is also not on the table for India, with prices too high and costly storage capacity sorely lacking.

Meanwhile, Indiaโ€™s electricity demand continues to rise above expectations, with maximum demand exceeding the power ministryโ€™s projections of 229GW multiple times so far this year and forecasts of 366GW for fiscal 2032.

With gas not a viable option due to cost, โ€œIndia has no other alternative than to expand coal-based power for now,โ€ a professor of energy and climate at the National Institute of Advanced Studies in Bangalore told Bloomberg. โ€œYou need storage to supply round-the-clock clean energy and we neither have the scale nor the desired costs for storage technology to meet our needs.โ€

India, the worldโ€™s fastest-growing economy, has added 5GW of coal-based electricity generation capacity each year over the past five years.

Now, in order to meet its desired coal-fired power expansion, India must remove the roadblocks to existing coal projects, such as land acquisition delays


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