India's Power Capacity Set to Cross 2,000 GW by 2047
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Summary
India's power capacity could cross 2,000 GW by 2047, with solar exceeding 1,100 GW, per an ENCIS report. The sector will need US$ 0.5 trillion in investment and over a million skilled workers by 2030.
Key Facts
TypeReport
SourceIndia Brand Equity Foundation
PublishedWednesday, 2 September 2026
Affected Population1.4 billion consumers, 300 million without reliable power
Key Numbers
500 GW non-fossil fuel capacity target by 2030
Saubhagya: 100% household electrification
175 GW renewable energy installed (2025)
GDP: $3.9 trillion (2025 est.)
Key Authorities
Ministry of PowerMinistry of New & Renewable EnergyCEAMinistry of FinanceRBI
Key Stakeholders
Power ConsumersDISCOMsCoal IndustryTaxpayersBanks & NBFCsInvestors
Tenor 1-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 71,580 Amount accepted (in ₹ crore) 71,580 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1317
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