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India Meets 241 GW Peak as Power Deficit Falls to 0.1%

A record 30 GWh battery storage scheme by 2028 alongside planned ultra-high-voltage lines sets the stage for surplus power exports.

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Overview

  • Power deficit dropped to 0.1% in April after two months of full supply nationwide.
  • India hit a new peak demand of 241 GW on June 9 with forecasts pointing to a 270 GW summer peak.
  • The power ministry approved Rs 5,400 crore in viability funding to develop 30 GWh of battery storage by 2028.
  • Nine ultra-high-voltage alternating-current lines of 1,100 kV are slated for rollout by 2034 with testing facilities underway.
  • Plans include Rs 90,000 crore undersea transmission links to Saudi Arabia and the UAE to export surplus power.