March 22, 2026 7:32 PM

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Union Minister Manohar Lal stresses ensuring affordable power is essential for access by common man

Union Power Minister Manohar Lal has emphasised that electricity is a fundamental necessity, stressing that ensuring affordable power is essential for access by the common man. The Minister said this while addressing the valedictory session of the Bharat Electricity Summit 2026 in New Delhi. The Power Minister noted that with schemes like the Saubhagya Yojana and PM Surya Ghar, electricity has now reached remote locations across the country, including border areas.

He said the summit has provided a platform to deliberate on key issues shaping the future of the energy sector, with policymakers, industry leaders, investors, and innovators coming together to discuss the future of energy. The Power Minister announced that the next edition of the summit will be held in 2028 in Gandhinagar, Gujarat. He further said that the world is coming together, making the power sector a key platform for global cooperation. He further underlined that startups are playing a crucial role in driving innovation and strengthening the economy.

Outlining the key highlights of the summit, the Ministry of Power informed that the installed capacity has reached over 520 gigawatts, the transmission network has expanded to over five lakh circuit kilometres, and solar capacity has increased from 2.8 gigawatts in 2014 to over 143 gigawatts at present. The Ministry also added that electricity demand is projected to grow by over 30 per cent by 2030, driven by emerging sectors such as AI-enabled data centres and electric mobility.
 
During the Summit, several strategic sessions noted that India’s long-term energy transition may require investments exceeding 22 trillion dollars by 2070, with significant opportunities in generation, transmission, storage, and digital infrastructure. The Summit witnessed participation from over 35 thousand exhibition attendees and more than two hundred exhibiting companies, including more than eighty start-ups, reflecting its scale and global significance.