India's Ministry of Power Releases Draft National Electricity Policy 2026
The Ministry of Power of India has unveiled the Draft National Electricity Policy (NEP) 2026, aiming to transform the power sector with a vision for 'Viksit Bharat @ 2047.' The policy targets 2,000 kWh per capita electricity consumption by 2030 and over 4,000 kWh by 2047, while expanding non-fossil fuel energy capacity to 500 GW by 2030 and nuclear power to 100 GW by 2047.
It introduces a 'Resource Adequacy' approach to ensure reliable power supply and encourages Energy Storage Systems to manage renewable energy variability. The NEP 2026 aims to improve financial sustainability of DISCOMs by enforcing cost-reflective tariffs and reducing cross-subsidies.
It mandates 24×7 quality power supply and promotes digital tools for transparency. The policy emphasizes cybersecurity and data sovereignty for the power sector.
