Is India Building Enough To Power Its Digital Transformation

POWER DEMAND AND SUPPLY ACROSS KEY STATES, FY 2022-23

ANNEXURE 2: POWER STORY The Indian government plans to nearly double the installed power generation capacity by 2030. As of FY 2022 23, total installed power capacity in India stood at 415 GW, which is projected to reach 820 GW by FY 2029-30. While power supply has improved significantly over the past few years, there is substantial scope to improve power generation further beyond 2030 given fast rising power requirements across multiple sectors, including data centres. Moreover, it will also be imperative to improve the power mix in favour of renewables, similar to the trends in several comparable nations, to meet the government’s net-zero commitments. Despite non-renewables, particularly thermal, contributing majority of installed capacity at present, the share of renewables is expected to grow rapidly and surpass non-renewables by FY 2030.

Power demand (billion units)

State/country

Power supply (billion units)

Power deficiency (%)

Haryana

61.4

60.9

0.8

Uttar Pradesh

144.3

143.1

0.8

Maharashtra

186.7

186.6

0.1

Gujarat

138.7

138.7

0.0

Tamil Nadu

114.7

114.6

0.1

Karnataka

75.8

75.8

0.0

HIGHLIGHT EXISTING CAPACITY AND UPCOMING CAPACITY AT NATIONAL LEVEL

Telangana

77.5

77.5

0.0

West Bengal

60.1

59.9

0.1

Pan India

1511.2

1503.7

0.5

61%

40%

Source: Central Electricity Authority

CURRENT AND FORECASTED INSTALLED POWER GENERATION CAPACITY IN SELECT NATIONS

415 GW (as of FY 2023)

820 GW (as of FY 2030)

Forecasted Generation Capacity 2030 (GW)

Current Generation Capacity 2022 (GW)

39%

2500

2900

60%

2500

Source: Central Electricity Authority, C&W Research

2000

Current non-renewable and renewable installed power capacity

Forecasted non-renewable and renew able installed power capacity

1500

1315

1140

1000

820

Non-Renewable installed capacity (%)

Renewable installed capacity (%)

415

472

500

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

325

270

190

140

164

105

167

81

88

0

Improvement in power infrastructure boosts data centre outlook. The improvement in India’s power infrastructure and healthy growth in the installed power capacity across the nation’s power plants over the past several years has resulted in minimal power deficiencies. This is reflected in key statistics on power demand and supply across major states, many of which are also important data centre locations and are attracting investments. The fairly healthy power supply situation augurs well for future data centres, a large proportion of which will depend on the power grid to keep running 24x7 and avoid any downtime.

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, C&W Research estimates

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