India's fossil fuel capacity grows 2.44% in FY24; non fossil-fuel rises 11%: Government data
The nuclear power capacity addition rose to 8.18 GW from 6.78 GW in the last fiscal year, posting a year-on-year rise of 20.64 per cent.
The country's fossil fuel-based power generation capacity increased 2.44 per cent to 243.22 GW in FY24 from 237.27 GW in March 2023, according to official figures.
There was a 10.79 per cent rise in non-fossil fuel based capacity (renewable energy sources) addition at 190.57 gigawatt (GW) in 2023-24 over 172.01 GW in 2022-23, the government data showed.
While the fossil fuel-based capacity includes power generation through coal, lignite, gas and diesel sources, the non-fossil fuel includes power generated from solar, wind and hydropower.
The nuclear power capacity addition rose to 8.18 GW from 6.78 GW in the last fiscal year, posting a year-on-year rise of 20.64 per cent.
In FY24, India's total power generation capacity rose 6.22 per cent to 441.97 GW over 416.06 GW, the data showed.
The coal-based capacity increased around 3 per cent to 210.97 GW from 205.24 GW in the last financial year, and gas capacity rose marginally to 25.04 GW from 24.82 GW in FY23.
The lignite- and diesel-based capacity were at 6.62 GW and 0.59 GW, respectively, in FY24.
The renewable energy sources capacity increased to 143.64 GW, up 14.76 per cent over 125.16 GW in FY23. Hydropower capacity also increased to 46.93 GW from 46.85 GW in the last fiscal year.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: At 12% expected annualised return, how soon can Rs 8,000, Rs 9,000, Rs 10,000 monthly SIPs build Rs 5 crore corpus?
Small SIP, Big Impact: Rs 11,111 monthly investment for 15 years, Rs 22,222 for 10 years or Rs 33,333 for 7 years, which do you think works best?
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,252 monthly SIP investment in No. 1 scheme has sprung to Rs 3,74,615; know about others
Top 7 Large and Mid Cap Mutual Funds With Highest SIP Returns in 1 Year: Rs 27,27,2 monthly SIP investment in No. 1 fund has zoomed to Rs 4,05,296
Power of Compounding: How can you create Rs 5 crore, 6 crore, 7 crore corpuses if your monthly salary is Rs 20,000?
04:16 PM IST