CEA notifies the National Electricity Plan for 2022-32

The Central Electricity Authority (CEA) has notified the National Electricity Plan (NEP) (Volume-I Generation) for 2022-32. As per the plan, the likely installed capacity by 2026-27 will be 609,591 MW and by 2031-32, it is expected to be 900,422 MW. The NEP envisages that the share of non-fossil-fuel-based capacity is likely to increase to 57.4 per cent by the end of 2026-27 and may further increase to 68.4 per cent by the end of 2031-32, from around 42.5 per cent as of April 2023. The total fund requirement for generation capacity addition is estimated to be Rs 14,541.88 billion for 2022-27 and Rs 19,064.06 billion for 2027-32.