India’s hydroelectric power capacity is likely to reach 67 GW by 2031-32

Hydroelectric power: India is witnessing a surge in hydroelectric power projects, with 15 GW under construction and a projected increase to 67 GW by 2031-32. This growth is fueled by forecasts of higher rainfall and strategic development of Pumped Storage Projects (PSPs) to provide grid stability and balance to renewable energy mix, a government release said on Friday.

A decline in hydropower generation in 2023-24, despite expectations of increased rainfall, was influenced by natural disasters such as flash floods in regions crucial for hydroenergy production. While sourn region faced reduced rainfall, flash floods in Himachal Presh and Eastern region disrupted operations, impacting over 60 per cent of total hydro energy generation.

Despite challenges, Indian Meteorological Department's prediction of a good monsoon in FY 2024-25 offers hope for replenishing reservoir capacities. current downturn may be temporary, and government remains optimistic about sector's long-term prospects.

Amid India's energy transition, hydroelectric power continues to play a crucial role, offering peaking support and enhancing grid reliability. Despite challenges in project development, government is committed to accelerating hydro capacity growth to meet renewable energy targets and reduce emissions intensity.