India Boosts Power Capacity by 4-5 GW Monthly, Plans $3.03 Trillion Smart Meter Push

• India adds 4-5 GW of power capacity monthly, aiming to meet a projected doubling of demand by 2040.
• Union Minister Manohar Lal Khattar announced a $3.03 trillion outlay for smart meters to reduce discom losses and ensure universal energy access.
• The SHANTI Bill is expected to help India achieve 100 GW nuclear capacity by 2047.
• India has added over 178 GW of renewable capacity since 2014, including 130 GW solar and 32.9 GW wind.
• Power Secretary Pankaj Agarwal highlighted significant investments in transmission lines, capacity, and energy storage, with 48 GW renewable energy transmission capacity already commissioned under ISTS.

Why It Matters: India is rapidly expanding its power infrastructure and renewable energy capacity, backed by massive investments.