Is India Building Enough To Power Its Digital Transformation

CHART-8: CURRENT AND FORECASTED POWER GENERATION CAPACITY IN SELECT NATIONS

Forecasted Generation Capacity 2030 (GW)

Current Generation Capacity 2022 (GW)

2900

2500

1315

1140

820

472

415

325

270

140

190

105

88

81

167

164

Australia

China

India

Indonesia

Japan

S.Korea

UK

USA

Source: Indian Ministry of Power, Energy Information Administration USA, Global Data, World Bank, International Trade Administration USA, CW Research estimates.

India is among the few nations looking to double its power generation capacity to 820 GW by 2030, benefiting large power-consuming industries, including data centers. The availability of ample power supply is a key criterion for the data center industry, which is also sensitive to the quality of the power supply. Interestingly, of the 820 GW expected by 2030, a dominant 61% is likely from renewable sources.

CHART-9: FORECASTED NON-RENEWABLE AND RENEWABLE INSTALLED POWER CAPACITY, FY2030

39%

820 GW Capacity FY 2030

Non-renewable Renewable

61%

Source: Central Electricity Authority, CW Research Note: Non renewables include coal, gas, diesel. Renewables include solar, wind, hydro, biomass & other sources

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