India Targets Massive Jump in Electricity Use by 2030 Under New Draft Power Policy

• India's draft National Electricity Policy (NEP) 2026 aims to raise per capita electricity consumption to 2,000 units by 2030, up from 1,460 units in 2024–25, with a long-term goal of 4,000 units by 2047.
• The policy shifts focus from universal access to enabling higher, more productive electricity use across households, industry, and services, driven by increased adoption of ACs, EVs, and industrial growth.
• It emphasizes clean energy as the backbone, targeting 40-45 GW of battery storage and 25-30 GW of pumped storage by 2030 to support renewable energy integration and grid reliability.
• The NEP 2026 addresses the financial health of distribution companies, aiming to reduce AT&C losses to single-digit levels and modernize grids for rooftop solar, EVs, and storage.
• Significant investments in transmission infrastructure, advanced grid technologies, and cybersecurity are prioritized to support increased demand and cleaner generation.

Why It Matters: India's new draft power policy targets a substantial increase in per capita electricity consumption by 2030 and 2047.