India's Power Sector Eyes Half Trillion Dollar Investment by 2033: Power Secretary

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Moneycontrol•15-01-2026, 22:13
India's Power Sector Eyes Half Trillion Dollar Investment by 2033: Power Secretary
- •India's power sector has an investment potential of half a trillion dollars (Rs 45 lakh crore) over the next seven years, as stated by Power Secretary Pankaj Agarwal.
- •This investment will cover electricity generation, transmission, energy storage, and distribution.
- •The country's power transmission network is nearing the 5 lakh circuit kilometer mark, currently at 4.97 lakh ckm.
- •The Bharat Electricity Summit 2026 will be held from March 19-22, 2026, at Yashobhoomi, New Delhi, to showcase India's leadership in energy transition.
- •Union Minister Manohar Lal emphasized the need for new technology in the power sector and announced the upcoming Electricity Amendment Bill 2026.
Why It Matters: India's power sector is poised for massive half-trillion-dollar investment and technological advancement by 2033.
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![[L to R]: Piyush Singh, Additional Secretary, Ministry of Power, Government of India; Pankaj Agarwal, Secretary, Ministry of Power, Government of India; Manohar Lal, Minister of Power and Housing & Urban Affairs, Government of India; Ghanshyam Prasad, chairman, Central Electricity Authority; Dr RK Tyagi, Power Grid Corporation of India CMD](https://images.moneycontrol.com/static-mcnews/2026/01/20260116013613_power-khattar.jpg?impolicy=website&width=400&height=225)



