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ReportIBEFWednesday, 2 September 2026

India's Power Capacity Set to Cross 2,000 GW by 2047

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Official or institutional report — an evidence-based assessment from government or research bodies. Informs policy design, monitoring, and evaluation.
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
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Energy101 tracked→Finance & Economy671 tracked→
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