1 hr ago
Karnataka Targets 66 GW Power Capacity With Green Expansion
Karnataka wants to produce much more electricity in the coming years.
Its power capacity is planned to grow from more than 39 GW to 66 GW by 2030.
Most of the new power is expected to come from clean sources such as solar, wind and hydropower.
Electricity use may double because factories, electric vehicles and data centres need more power.
The state is building storage projects so electricity can be saved and used when needed.
It is also expanding power lines and substations to move electricity around the state.
Karnataka hopes private companies will invest up to Rs 3 lakh crore in these projects.
Officials also want to use batteries, green hydrogen, digital tools and artificial intelligence to improve the power system.
Karnataka plans to raise installed power capacity from over 39 GW to 66 GW by 2030.
The state expects electricity demand to double, driven by industry, electric vehicles and data centres.
Clean hydro and renewable sources currently account for about two-thirds of Karnataka’s power mix.
The 2,000 MW Sharavathi Pumped Storage Project and battery storage systems are being advanced.
Karnataka expects private power-sector investment of Rs 2 lakh crore to Rs 3 lakh crore over four to five years.
- Who
- The Karnataka Energy Department, Karnataka Renewable Energy Development Ltd and private investors are involved.
- What
- Karnataka unveiled a roadmap to increase installed power capacity to 66 GW and attract Rs 2 lakh crore to Rs 3 lakh crore in private investment.
- Where
- The plan covers Karnataka, including Bengaluru, Mysuru and Mangaluru, where major new electricity demand is expected.
- When
- The capacity target is for 2030, while the expected private investment is projected over the next four to five years.
- Why
- The state expects electricity demand to double because of industrial expansion, electric vehicle adoption and large data centres.
Key facts
- Current capacity
- More than 39 GW
- 2030 capacity target
- 66 GW
- Current clean-energy share
- About two-thirds of the power mix
- Expected demand growth
- Electricity demand is expected to double over the next decade
- Potential private investment
- Rs 2 lakh crore to Rs 3 lakh crore over four to five years
- Sharavathi project
- 2,000 MW pumped storage project
- Transmission losses
- KPTCL is operating with losses of under 3 per cent
Quotes
Gaurav Gupta
Additional Chief Secretary, Energy Department, Karnataka
“Karnataka is working towards creating a digitally enabled renewable energy ecosystem that is more transparent, predictable and investor-friendly.”
financialexpress.com
“Over the next decade, Karnataka will continue to expand its power capacity while ensuring that this growth remains overwhelmingly green.”
financialexpress.com
Sources
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