India: New Power Generation Capacity Will be All Renewables by 2024 - Report

By 2026 India’s power demand would be met: TERI (Live Mint)

The report estimates that beyond 2023-24, new power generation capacity could be all renewables - However, there is no mention of geothermal energy

Current installed capacity and the capacity under construction would be able to meet India’s power demand till about 2026 and no new investments are likely to be made in coal-based power generation till that time, said a report released by The Energy and Resources Institute (TERI) on Monday.

The report also estimates that beyond 2023-24, new power generation capacity could be all renewables, based on cost competitiveness of renewables as well as the ability of the grid to absorb large amounts of renewable energy together with battery-based balancing power.

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