3 days ago

Karnataka Targets 66 GW Capacity, Seeks Rs 3 Lakh Crore

Karnataka Targets 66 GW Capacity, Seeks Rs 3 Lakh Crore
K’taka Targets 66 GW Power Capacity, Rs 3 Lakh Cr Private Investment by 2030 · deccanchronicle.com

Karnataka wants to produce much more electricity by 2030.

Its installed power capacity is planned to grow from more than 39 GW to 66 GW.

Officials say most of the growth will use cleaner energy sources.

Electricity use may double because factories, electric vehicles and data centres need more power.

The state plans to expand solar and wind projects.

It is also developing a large pumped-storage project and installing batteries to store electricity.

Karnataka hopes private companies will invest up to Rs 3 lakh crore in the power sector.

Officials are simplifying approvals and using online systems to make projects easier to build.

The state is also seeking global partnerships in battery storage, green hydrogen and smart-grid technology.

Key facts

Current installed capacity
More than 39 GW
2030 capacity target
66 GW
Current clean-energy share
About two-thirds of the power mix
Demand outlook
Electricity demand is expected to double over the next decade
Major storage project
2,000 MW Sharavathi Pumped Storage Project
Expected private investment
Rs 2 lakh crore to Rs 3 lakh crore over the next four to five years
Transmission losses
KPTCL is operating with losses below 3%

Quotes

Gaurav Gupta

Additional Chief Secretary of Karnataka’s Energy Department

“Karnataka is working towards creating a digitally enabled renewable energy ecosystem that is more transparent, predictable and investor-friendly.”
deccanchronicle.com theprint.in
“Over the next decade, Karnataka will continue to expand its power capacity while ensuring that this growth remains overwhelmingly green.”
deccanchronicle.com theprint.in

Sources

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